PSC-11-14-00009-A Authorizing NYAW to Issue Up to $69 Million of Securities, with Conditions  

  • 7/2/14 N.Y. St. Reg. PSC-11-14-00009-A
    NEW YORK STATE REGISTER
    VOLUME XXXVI, ISSUE 26
    July 02, 2014
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. PSC-11-14-00009-A
    Filing Date. Jun. 12, 2014
    Effective Date. Jun. 12, 2014
    Authorizing NYAW to Issue Up to $69 Million of Securities, with Conditions
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    On 6/12/14, the PSC adopted an order, with conditions, authorizing New York American Water Company, Inc., f/k/a Long Island Water Corporation, Inc. (NYAW) to issue up to $69 million in long-term debt securities.
    Statutory authority:
    Public Service Law, section 89-f
    Subject:
    Authorizing NYAW to issue up to $69 million of securities, with conditions.
    Purpose:
    To authorize NYAW to issue up to $69 million of securities, with conditions.
    Substance of final rule:
    The Commission, on June 12, 2014, adopted an order, with conditions, authorizing New York American Water Company, Inc., f/k/a Long Island Water Corporation, Inc., to issue up to $69 million of long term debt, 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:
    Deborah Swatling, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2659, email: deborah.swatling@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.
    (14-W-0036SA1)

Document Information

Effective Date:
6/12/2014
Publish Date:
07/02/2014