4/8/15 N.Y. St. Reg. PSC-14-15-00011-P
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 whether to approve East River Housing Corporation's proposed refinancing of a $23.5 million mortgage and addition of a $5 million line of credit.
Statutory authority:
Public Service Law, section 82
Subject:
Refinancing proposed by East River Housing Corporation.
Purpose:
To consider refinancing proposed by East River Housing Corporation.
Substance of proposed rule:
The Public Service Commission is considering a petition filed by East River Housing Corporation on March 13, 2014, requesting approval, pursuant to Public Service Law (PSL) § 82, of the proposed refinancing of a $23.5 million mortgage and the addition of a $5 million line of credit. The Commission may adopt, reject or modify, in whole or in part, the relief proposed and may 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:
Elaine Agresta, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2660, email:
Elaine.Agresta@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.
