Termination of a Guarantee Agreement
NY-ADR
8/5/09 N.Y. St. Reg. PSC-17-09-00009-A
NEW YORK STATE REGISTER
VOLUME XXXI, ISSUE 31
August 05, 2009
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
I.D No. PSC-17-09-00009-A
Filing Date. Jul. 21, 2009
Effective Date. Jul. 21, 2009
Termination of a Guarantee Agreement
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On July 16, 2009, the PSC adopted an order approving the petition of National Grid plc and KeySpan Corporation to release KeySpan from providing security for the funding of decommissioning of Unit 40 at the Ravenswood Generating site in Queens County.
Statutory authority:
Public Service Law, sections 160, 161, 162 and 168
Subject:
Termination of a guarantee agreement.
Purpose:
To approve the termination of a guarantee agreement.
Substance of final rule:
The Commission, on July 16, 2009, adopted an order approving the petition of National Grid plc and KeySpan Corporation to release KeySpan from providing security for the funding of decommissioning of Unit 40 at the Ravenswood Generating Station (Ravenswood) site in Queens County. The facility has been sold to TransCanada Facility, which has assumed responsibility for decommissioning, 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: [email protected] 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.
(09-F-0317SA1)
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