PSC-44-14-00022-P To Enter into a Loan Agreement and to Extend the Loan Surcharge with EFC

11/5/14 N.Y. St. Reg. PSC-44-14-00022-P

NEW YORK STATE REGISTER

VOLUME XXXVI, ISSUE 44

November 05, 2014

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-44-14-00022-P

To Enter into a Loan Agreement and to Extend the Loan Surcharge with EFC

PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:

Proposed Action:

The Commission is considering a petition filed by Beaver Dam Lake Water Corporation for approval of a loan and to extend the period for collection of the surcharge with the Environmental Facilities Corporation (EFC).

Statutory authority:

Public Service Law, sections 89-f and 89-b

Subject:

To enter into a loan agreement and to extend the loan surcharge with EFC.

Purpose:

To allow Beaver Dam Lake Water Corporation to enter into a loan agreement and to extend the loan surcharge.

Substance of proposed rule:

The Public Service Commission is considering whether to approve, deny or modify, in whole or in part, a petition by Beaver Dam Lake Water Corporation for approval of a loan to issue its obligations to the New York State Environmental Facilities Corporation in a principal sum not to exceed $2,020,503 with a term of up to 30 years, and to extend the period for collection of the surcharge approved in Case No. 06-W-1561 with the Environmental Facilities Corporation (EFC). The Commission shall consider all other related matters.

Text of proposed rule and any required statements and analyses may be obtained by filing a Document Request Form (F-96) located on our website http://www.dps.ny.gov/f96dir.htm. For questions, contact:

Deborah Swatling, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Kathleen H. Burgess, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Public comment will be received until:

45 days after publication of this notice.

Regulatory Impact Statement, Regulatory Flexibility Analysis, Rural Area Flexibility Analysis and Job Impact Statement

Statements and analyses are not submitted with this notice because the proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.

(14-W-0459SP1)