7/15/09 N.Y. St. Reg. PSC-47-08-00005-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 6/18/09, the PSC approved, with modifications, the joint petition of Iberdrola, S.A., Energy East Corporation, et. al., for issuance of the bankruptcy preferred share, and the selection of its holder, in compliance with the Abbreviated Order of 9/9/08.
Statutory authority:
Public Service Law, section 69
Subject:
To establish a Bankruptcy Preferred Share in compliance with the Abbreviated Order.
Purpose:
To approve with modifications the Issuance of Bankruptcy Preferred Share in compliance with the Abbreviated Order.
Substance of final rule:
The Commission, on June 18, 2009, adopted an order, approving with modifications, the joint petition of New York State Electric & Gas Corporation and Rochester Gas and Electric Corporation for issuance of the bankruptcy preferred share, and the selection of its holder, in compliance with the Abbreviated Order of September 9, 2008, 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.
