3/30/16 N.Y. St. Reg. PSC-13-16-00011-P
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Public Service Commission is considering a Joint Petition filed February 25, 2016 on behalf of Bruce McNab and Trustee of the Zane Klein Residuary Trust for approval to sell 100% of outstanding capital stock of Crystal Water Corp.
Statutory authority:
Public Service Law, section 89-h
Subject:
Transfer of stock.
Purpose:
To consider the sale of all outstanding Crystal Water Corp. stock to Bruce McNab.
Substance of proposed rule:
The Commission is considering a joint petition filed February 25, 2016 on behalf of Bruce McNab (the buyer), and Billie Marks, Lawrence Rutherford, Barbara Klein Asselta as trustee of the Zane Klein Residuary Trust (the sellers), to approve, pursuant to Section 89-h of the Public Service Law (“PSL”), the sale of 100% of the capital stock of Crystal Water Corp. (Crystal Water or the Company). Crystal Water Corp. is a regulated public Water Utility that provides flat rate water service to 101 town homes and the Windham Mountain Village Homeowner Association’s clubhouse (102 connections), in a townhome community in an area known as Windham Mountain Village Development in the Town of Windham, Greene County. The Company does not provide fire protection service. Mr. McNab is the current operator of Crystal Water, and Billie Marks, Lawrence Rutherford, Barbara Klein Asselta are the shareholders of Crystal Water. The Commission may adopt, reject or modify, in whole or in part, the relief proposed and may also resolve 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:
John Pitucci, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email:
john.pitucci@dps.ny.govData, views or arguments may be submitted to:
Kathleen H. Burgess, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email:
secretary@dps.ny.govPublic 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.
