Transfer of Certain Real Property between Niagara Mohawk Power Corporation d/b/a National Grid ...
NY-ADR
7/3/07 N.Y. St. Reg. PSC-27-07-00014-P
NEW YORK STATE REGISTER
VOLUME XXIX, ISSUE 27
July 03, 2007
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
I.D No. PSC-27-07-00014-P
Transfer of Certain Real Property between Niagara Mohawk Power Corporation d/b/a National Grid and the County of Oswego
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed action:
The Public Service Commission is considering whether to approve or reject, in whole or in part, a joint petition filed by Niagara Mohawk Power Corporation d/b/a National Grid and the County of Oswego for authority, pursuant to Public Service Law, section 70, to transfer certain real property and improvements known as the Oswego Fire School Facility to the County of Oswego.
Statutory authority:
Public Service Law, section 70
Subject:
Transfer by National Grid of certain real property and improvements known as the Oswego Fire School Facility to the County of Oswego.
Purpose:
To approve the transfer of certain real property and improvements.
Substance of proposed rule:
The Public Service Commission is considering whether to approve, modify or reject, in whole or in part, a joint petition filed by Niagara Mohawk Power Corporation d/b/a National Grid and the County of Oswego for authority, pursuant to Public Service Law Section 70, to transfer certain real property and improvements known as the Oswego Fire School Facility to the County of Oswego, as well as the proposed accounting and ratemaking treatment. The parties are requesting permission to transfer ownership of the facility because it is presently shut down and no longer useful as a utility asset. However, it could be used as a fire training school for municipal and volunteer firefighters in the surrounding communities. The purchase and sale agreement between the parties allows National Grid the right to use the facility for a certain number of days annually to meet the periodic fire training needs of its workforce.
National Grid is transferring the Oswego Fire School Facility at below its book value. However, the accounting treatment will be such that the loss will not impact ratepayers.
Text of proposed rule and any required statements and analyses may be obtained by filing a Document Request Form (F-96) located on our website http://www.dps.state.ny.us/f96dir.htm. For questions, contact:
Central Operations, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, (518) 474-2500
Data, views or arguments may be submitted to:
Jaclyn A. Brilling, Secretary, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, (518) 474-6530
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 proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
(07-M-0704SA1)
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