Authorizing NYAW to Issue Up to $69 Million of Securities, with Conditions
NY-ADR
7/2/14 N.Y. St. Reg. PSC-11-14-00009-A
NEW YORK STATE REGISTER
VOLUME XXXVI, ISSUE 26
July 02, 2014
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
I.D No. PSC-11-14-00009-A
Filing Date. Jun. 12, 2014
Effective Date. Jun. 12, 2014
Authorizing NYAW to Issue Up to $69 Million of Securities, with Conditions
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 6/12/14, the PSC adopted an order, with conditions, authorizing New York American Water Company, Inc., f/k/a Long Island Water Corporation, Inc. (NYAW) to issue up to $69 million in long-term debt securities.
Statutory authority:
Public Service Law, section 89-f
Subject:
Authorizing NYAW to issue up to $69 million of securities, with conditions.
Purpose:
To authorize NYAW to issue up to $69 million of securities, with conditions.
Substance of final rule:
The Commission, on June 12, 2014, adopted an order, with conditions, authorizing New York American Water Company, Inc., f/k/a Long Island Water Corporation, Inc., to issue up to $69 million of long term debt, 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:
Deborah Swatling, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2659, 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.
(14-W-0036SA1)
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