5/9/12 N.Y. St. Reg. PSC-43-11-00013-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 4/19/12, the PSC adopted an order approving a Joint Proposal, with exceptions, for transfer of the capital stock of Aqua New York, Inc., a wholly owned subsidiary of Aqua Utilities, Inc., to American Water Works Company, Inc.
Statutory authority:
Public Service Law, sections 4(1), 5(1)(f), 89-c(1), (10) and 89-h
Subject:
Transfer of issued and outstanding capital stock.
Purpose:
To approve the transfer of issued and outstanding capital stock.
Substance of final rule:
The Commission, on April 19, 2012 adopted an order approving a Joint Proposal, with exceptions, for the transfer of capital stock of Aqua New York, Inc., a wholly owned subsidiary of Aqua Utilities, Inc. to American Water Works Company, Inc., 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.ny.gov 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.