PSC-25-16-00025-P Acquisition of All Water Supply Assets of Woodbury Heights Estates Water Co., Inc. by the Village of Kiryas Joel  

  • 6/22/16 N.Y. St. Reg. PSC-25-16-00025-P
    NEW YORK STATE REGISTER
    VOLUME XXXVIII, ISSUE 25
    June 22, 2016
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    PROPOSED RULE MAKING
    NO HEARING(S) SCHEDULED
     
    I.D No. PSC-25-16-00025-P
    Acquisition of All Water Supply Assets of Woodbury Heights Estates Water Co., Inc. by the Village of Kiryas Joel
    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 April 1, 2016 by Woodbury Heights Estates Water Co., Inc. and the Village of Kiryas Joel for the transfer of all water supply assets to the Village of Kiryas Joel.
    Statutory authority:
    Public Service Law, sections 4(1), 5(1), 89-c(1), (10) and 89-h(1)
    Subject:
    Acquisition of all water supply assets of Woodbury Heights Estates Water Co., Inc. by the Village of Kiryas Joel.
    Purpose:
    To consider acquisition of all water supply assets of Woodbury Heights Estates Water Co., Inc. by the Village of Kiryas Joel.
    Substance of proposed rule:
    The Public Service Commission is considering a Joint Petition filed April 1, 2016 by Woodbury Heights Estates Water Co., Inc., (the “Company”) and the Village of Kiryas Joel (the “Village”) for approval of an agreement under which the Company would sell and the Village would acquire 100% of all assets of the Company. The Company provides water service to 67 customers within the Woodbury Heights Estates Subdivision in the Town of Woodbury, Orange County. The Village of Kiryas Joel Water is a water supply system serving about 25,000 residents of the Village and nearby towns. The Village proposes development of additional water supplies and connection of the Woodbury Heights system to the Village. Acquisition by the Town would provide for more secure operation through greater resource availability. The expanded customer base of the Village also allows for greater revenues and thus potentially reduced rates to the customers of the Company. 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:
    John Pitucci, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email: john.pitucci@dps.ny.gov
    Data, 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.gov
    Public 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.
    (16-W-0192SP1)

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