8/4/10 N.Y. St. Reg. PSC-18-10-00011-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 7/15/10, the PSC adopted an order approving The New York Independent System Operator, Inc.'s (NYISO) petition to incur up to $125,000,000 in combined indebtedness.
Statutory authority:
Public Service Law, section 69
Subject:
Indebtedness for a term in excess of 12 months.
Purpose:
To approve NYISO's petition to incur up to $125,000,000 in combined indebtedness.
Substance of final rule:
The Commission, on July 15, 2010, adopted an order approving The New York Independent System Operator, Inc.'s petition to incur up to $125,000,000 in combined indebtedness that consists of a $50,000,000 Revolving Line of Credit and a $75,000,000 capital and project financing facility, 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.
