6/3/15 N.Y. St. Reg. PSC-09-15-00004-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 5/14/15, the PSC adopted an order approving, with conditions, the petition filed by New York American Water Company, Inc. for authorization to refinance existing long-term debt and issue new long-term debt.
Statutory authority:
Public Service Law, section 89-f
Subject:
Allowing New York American Water's filing to refinance existing long-term debt and issue long-term debt.
Purpose:
To allow New York American Water's filing to refinance existing long-term debt and issue long-term debt.
Substance of final rule:
The Commission, on May 14, 2015, adopted an order approving, with conditions, a petition filed by New York American Water Company Inc. to refinance up to $22,600,000 of existing long-term debt and issue up to $45,300,000 of long-term debt, no later than December 31, 2017, 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:
Elaine Agresta, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2660, email:
elaine.agresta@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.
