PSC-18-12-00014-A Approve NYISO to Enter into a Loan for Up to $45 Million to Refinance the Construction  

  • 8/1/12 N.Y. St. Reg. PSC-18-12-00014-A
    NEW YORK STATE REGISTER
    VOLUME XXXIV, ISSUE 31
    August 01, 2012
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. PSC-18-12-00014-A
    Filing Date. Jul. 12, 2012
    Effective Date. Jul. 12, 2012
    Approve NYISO to Enter into a Loan for Up to $45 Million to Refinance the Construction
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    On 7/12/12, the PSC adopted an order approving the New York Independent System Operator Inc.'s (NYISO's) petition to enter into a loan for up to $45 million to refinance the construction of the NYISO's new power control centers.
    Statutory authority:
    Public Service Law, sections 4(1), 5(2), 65(1), 66(1), (2), (4), (5) and 69
    Subject:
    Approve NYISO to enter into a loan for up to $45 million to refinance the construction.
    Purpose:
    To approve NYISO to enter into a loan for up to $45 million to refinance the construction.
    Substance of final rule:
    The Commission, on July 12, 2012 adopted an order approving the New York Independent System Operator Inc.’s (NYISO’s) petition, filed on April 11, 2012, pursuant to Public Service Law § 69 to enter into a loan for up to $45 million to refinance the construction of the NYISO’s new power control centers, 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, 3 Empire State Plaza, Albany, New York 12223, (518) 486-2655, email: leann.ayer@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.
    (12-E-0168SA1)

Document Information

Effective Date:
7/12/2012
Publish Date:
08/01/2012