Approving the Reorganization and Addressing the Financing Arrangements for UWW
NY-ADR
4/15/15 N.Y. St. Reg. PSC-32-14-00017-A
NEW YORK STATE REGISTER
VOLUME XXXVII, ISSUE 15
April 15, 2015
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
I.D No. PSC-32-14-00017-A
Filing Date. Mar. 26, 2015
Effective Date. Mar. 26, 2015
Approving the Reorganization and Addressing the Financing Arrangements for UWW
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 3/25/15, the PSC adopted an order approving the reorganization and addressing the financing arrangements for United Waterworks, Inc. (UWW).
Statutory authority:
Public Service Law, sections 89-h and 89-f
Subject:
Approving the reorganization and addressing the financing arrangements for UWW.
Purpose:
To approve the reorganization and address the financing arrangements for UWW.
Substance of final rule:
The Commission, on March 25, 2015, adopted an order approving the reorganization of United Water New York, Inc., United Water Westchester, Inc., United Water Owego Nichols, Inc., United Water New Jersey, Inc., United Water Resources, Inc., and United Waterworks, Inc. (UWW). The Commission also addressed the financing arrangements for United Water Works, by directing UWW to file a cash pooling agreement within 60 days of issuance of this order, 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:
Elaine Agresta, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2660, 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-0258SA1)
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