UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) December 23, 2003
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ARTESIAN RESOURCES CORPORATION |
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(exact name of registrant as specified in its charter) |
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Delaware |
0-18516 |
51-0002090 |
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(State or other jurisdiction of |
(Commission |
(I.R.S. Employer Identification Number) |
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664 Churchmans Road, Newark, Delaware |
19702 |
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(Address of principal executive offices) |
(Zip Code) |
Registrant's telephone number, including area code: 302-453-6900
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Item 5. |
Other Events and Required FD Disclosure. |
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On December 23, 2003, Artesian Water Company, Inc. a wholly owned subsidiary of Artesian Resources Corporation (the "Company") issued Series Q, 40-year, First Mortgage Bonds totaling $15.4 million at an annual interest rate of 4.75%. These bonds are tax free and were issued for the Company through the Delaware Economic Development Authority. The underwriter of the bonds was Janney Montgomery Scott and the issuance was insured by AMBAC at a Aaa rating.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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ARTESIAN RESOURCES CORPORATION |
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Date: January 6, 2004 |
By: /s/Dian C. Taylor |
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Dian C. Taylor |
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ARTESIAN RESOURCES CORPORATION |
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Date: January 6, 2004 |
By: /s/David B. Spacht |
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David B. Spacht |
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