6/3/09 N.Y. St. Reg. PSC-53-08-00014-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 5/14/09, the PSC adopted an order approving the petition of Niagara Mohawk Power Corporation to issue and sell up to $2 billion of securities in one or more transactions, no later than March 31, 2012.
Statutory authority:
Public Service Law, section 69
Subject:
Issuance of long-term debt of up to $2 billion through March 31, 2012.
Purpose:
To approve the issuance of long-term debt of up to $2 billion through March 31, 2012.
Substance of final rule:
The Commission, on May 14, 2009, adopted an order approving the petition of Niagara Mohawk Power Corporation to issue and sell up to $2 billion of securities in one or more transactions, no later than March 31, 2012, 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.
