12/8/10 N.Y. St. Reg. PSC-37-10-00012-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 11/18/10, the PSC adopted an order denying Corning Natural Gas Corporation's (Corning) request for clarification of the August 20, 2010 Order and granting it request for rehearing.
Statutory authority:
Public Service Law, section 70
Subject:
Corning's request for approval for certain stock acquisitions.
Purpose:
To deny Corning's request for clarification and approve its request for rehearing of the August 20, 2010 Order.
Substance of final rule:
The Commission, on November 18, 2010, adopted an order denying Corning Natural Gas Corporation’s (Corning or Company) request for clarification of the August 20, 2010 Order and granting its request for rehearing and the Company’s CEO may exercise options for his remaining 56,000 shares pursuant to Public Service Law Section 70, subject to the terms and conditions set forth in the order.
Final rule as compared with last published rule:
No changes.
Text of rule may be obtained from:
Leann Ayer, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email:
leann_ayer@dps.state.ny.us An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
