PSC-28-07-00013-P Merger and Transfer of Franchises, Works and Systems by Aqua New York, Inc. et al.

7/11/07 N.Y. St. Reg. PSC-28-07-00013-P

NEW YORK STATE REGISTER

VOLUME XXIX, ISSUE 28

July 11, 2007

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-28-07-00013-P

Merger and Transfer of Franchises, Works and Systems by Aqua New York, Inc. et al.

PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:

Proposed action:

The commission is considering the joint petition of Aqua New York, Inc., Cambridge Water Works Company, Dykeer Water Company, Inc., Waccabuc Water Works, Inc., and Wild Oaks Water Company, Inc. for an order approving merger and transfer of franchises, works and systems pursuant to Public Service Law, sections 89-h and 108.

Statutory authority:

Public Service Law, sections 89-h and 108

Subject:

Transfer of franchises or stocks and amendments to certificates of incorporation.

Purpose:

To transfer franchises and approve a merger of companies.

Substance of proposed rule:

The Commission is considering whether to approve, reject or modify the joint petition of Aqua New York, Inc., Cambridge Water Works Company, Dykeer Water Company, Inc., Waccabuc Water Works Inc., and Wild Oaks Water Company, Inc. for an order approving the merger and transfer of franchises, works and systems pursuant to Public Service Law, sections 89-h and 108. If approved, the proposed transaction would merge the four Aqua America's New York subsidiaries Cambridge Water Works Company, Dykeer Water Company, Inc., Waccabuc Water Works Inc. and Wild Oaks Water Company, Inc. into Aqua New York, Inc. The stock of the four companies would be cancelled and the companies would cease to exist.

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.state.ny.us/f96dir.htm. For questions, contact:

Central Operations, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, [phone]

Data, views or arguments may be submitted to:

Jaclyn A. Brilling, Secretary, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, [phone]

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.

(07-W-0711SA1)