6/8/16 N.Y. St. Reg. PSC-23-16-00013-P
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 May 11, 2016 by New York American Water Company, Inc. and Beaver Dam Lake Water Corporation for acquisition of all assets of Beaver Dam Lake Water Corporation.
Statutory authority:
Public Service Law, sections 4(1), 5(1), 89-c(1), (10) and 89-h(1)
Subject:
Acquisition of all of the assets of Beaver Dam Lake Water Corporation.
Purpose:
To consider the acquisition of all assets of Beaver Dam Lake Water Corporation by New York American Water Company Inc.
Substance of proposed rule:
The Public Service Commission is considering a Joint Petition filed May 11, 2016 by New York American Water Company, Inc. (NYAW) and Beaver Dam Lake Water Corporation (Beaver Dam) for approval of an Agreement of Sale under which Beaver Dam Lake Water Corporation will sell and New York American Water Company, Inc. will acquire 100% of the assets of Beaver Dam Lake Water Corporation. Beaver Dam provides metered water service to 155 homes in the Towns of New Windsor and Cornwall in Orange County, New York. NYAW proposes, upon closing of sale, installation of Commission approved meters along with updates to and relocation of water mains to improve customer service quality and reliability. These modifications would be funded through NYAW’s Capital Budget. Current customers of Beaver Dam would potentially be placed under the Lynbrook District Tariff, resulting in multiple benefits. Transition to the Lynbrook Tariff would be a more cost effective and efficient method for the customer transition and would allow for ultimately lower rates. 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.govData, 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.govPublic 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.
