8/15/07 N.Y. St. Reg. PSC-04-07-00018-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
The commission, on July 18, 2007, adopted an order approving the petition of Beaver Dam Lake Water Corporation for a 30 year loan agreement in the amount of $1,842,900 with the Environmental Facilities Corporation and to increase water rates and surcharges.
Statutory authority:
Public Service Law, sections 89-f and 89-c(10)
Subject:
Issues of stock, bonds and other forms of indebtedness.
Purpose:
To approve Beaver Dam Lake Water Corporation to enter into a loan agreement and increase charges.
Substance of final rule:
The Commission adopted an order approving the petition of Beaver Dam Lake Water Corporation for a 30 year loan agreement in the amount of $1,842,900 and increase customer water rates and surcharges to repay the Environmental Facilities Corporation loan, subject to the terms and conditions of the order.
Final rule compared with proposed rule:
No changes.
Text of rule may be obtained from:
Central Operations, Public Service Commission, Bldg. 3, 14th Fl., Empire State Plaza, Albany, NY 12223-1350, by fax to (518) 474-9842, by calling (518) 474-2500. 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.
