5/4/11 N.Y. St. Reg. PSC-02-11-00006-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 4/14/11, the PSC adopted an order approving, with conditions, the New York Independent System Operator, Inc. (NYISO) to enter into no more than $45 million of indebtedness for a period of 20 years for the renovation and construction of NYISO facilities.
Statutory authority:
Public Service Law, sections 4(1), 5(2), 65(1), 66(1), (2), (4), (5) and 69
Subject:
NYISO to enter into no more than $45 million of indebtedness for a period of 20 years.
Purpose:
To approve NYISO to enter into no more than $45 million of indebtedness for a period of 20 years.
Substance of final rule:
The Commission, on April 14, 2011 adopted an order approving, with conditions, the New York Independent System Operator, Inc. (NYISO) to enter into no more than $45 million of indebtedness for a period of 20 years for the renovation and construction of NYISO facilities, 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.
