PSC-33-16-00001-EP Use of Escrow Funds for Repairs  

  • 8/17/16 N.Y. St. Reg. PSC-33-16-00001-EP
    NEW YORK STATE REGISTER
    VOLUME XXXVIII, ISSUE 33
    August 17, 2016
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    EMERGENCY/PROPOSED RULE MAKING
    NO HEARING(S) SCHEDULED
     
    I.D No. PSC-33-16-00001-EP
    Filing Date. Jul. 27, 2016
    Effective Date. Jul. 27, 2016
    Use of Escrow Funds for Repairs
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Proposed Action:
    The Commission, on July 27, 2016, adopted an order authorizing Arbor Hills Waterworks, Inc. to use funds in its Escrow Account for Capital Improvements to pay for emergency repairs to its distribution system.
    Statutory authority:
    Public Service Law, sections 89-b and 89-c
    Finding of necessity for emergency rule:
    Preservation of public health.
    Specific reasons underlying the finding of necessity:
    Arbor Hills Waterworks, Inc. suffered a significant leak to its distribution system on July 27, 2016 that threatens the company’s ability to provide safe and adequate service to its ratepayers.
    Subject:
    Use of escrow funds for repairs.
    Purpose:
    To authorize the use of escrow account funds for repairs.
    Substance of emergency/proposed rule:
    The Public Service Commission adopted an order authorizing Arbor Hills Waterworks, Inc. to use funds in its Escrow Account for Capital Improvements to pay for emergency repairs to its distribution system.
    This notice is intended:
    to serve as both a notice of emergency adoption and a notice of proposed rule making. The emergency rule will expire October 24, 2016.
    Text of rule may be obtained from:
    John Pitucci, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email: john.pitucci@dps.ny.gov
    Data, views or arguments may be submitted to:
    Kathleen H. Burgess, Secretary, Department of Public Service, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email: secretary@dps.ny.gov
    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 amended rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
    (16-W-0415EP1)

Document Information

Effective Date:
7/27/2016
Publish Date:
08/17/2016