<SUBMISSION>
<ACCESSION-NUMBER>0000863110-00-500013
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20001205
<ITEMS>1
<FILING-DATE>20001205
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ARTESIAN RESOURCES CORP
<CIK>0000863110
<ASSIGNED-SIC>4941
<IRS-NUMBER>510002090
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-18516
<FILM-NUMBER>783541
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>664 CHURCHMANS RD
<CITY>NEWARK
<STATE>DE
<ZIP>19702
<PHONE>3024536900
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>664 CHURCHMANS RD
<CITY>NEWARK
<STATE>DE
<ZIP>19702
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>k8.htm
<DESCRIPTION>8K AND STOCK ISSUANCE
<TEXT>

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<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">UNITED STATES</P>
<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</P>
<P ALIGN="CENTER">Washington, D.C.  20549</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">FORM 8-K</P>
<P ALIGN="CENTER"></P>
<B><P ALIGN="CENTER">CURRENT REPORT</P>
</B><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
</FONT><P ALIGN="CENTER">&nbsp;&nbsp;&nbsp;<FONT FACE="Courier New" SIZE=2>        PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES</P>
<P ALIGN="CENTER">EXCHANGE ACT OF 1934</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">Date of Report (Date of earliest event reported) December 4, 2000</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">Commission file number 0-18516</P>
<P ALIGN="CENTER"></P>
<B><P ALIGN="CENTER">ARTESIAN RESOURCES CORPORATION</P>
</B><P ALIGN="CENTER">(exact name of registrant as specified in its charter)</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">State or other jurisdiction of incorporation or organization: Delaware</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">I.R.S. Employer Identification Number: 51-0002090</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Address of principal executive offices: 664 Churchmans Road, Newark,                                                  Delaware    Zip Code: 19702</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">Registrant's telephone number, including area code: (302) 453-6900</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER"> </P>
</FONT>
<P ALIGN="CENTER">&nbsp;</P>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">ARTESIAN RESOURCES CORPORATION</P>
</B><P ALIGN="CENTER"></P>
<P>&nbsp;</P>
<B><P>Item 5     Other Events</P>
</B>
<P>&#9;On December 4, 2000, Artesian Water filed a petition with the Delaware Public Service Commission (DPSC) for the approval to issue $20 million in Series O First Mortgage Bonds with a stated rate of 8.17%, due on December 29, 2020, and to execute
 a 20 year fully amortizing note, whose stated rate will not exceed 4.8%, with the Delaware Health  Social Services on behalf of the Delaware Drinking Water State Revolving Fund (SRF) in the amount of $4,307,144.  The Company expects to close the
  issuance of the Series O Bonds on December 29, 2000, and execute the SRF Note prior to March 31, 2001.  Proceeds from these issuances are to be used to call and retire the Company's $7 million 10.17% Series K First Mortgage Bonds and refinance
  short term debt outstanding used to finance utility plant expenditures.</P>
<P>&#9;</P>

<P>&#9;On December 5, 2000, Artesian Water filed a petition with the Delaware Public Service Commission (DPSC) to implement new rates to meet a requested increase in revenue of 22.57%, or approximately $6.4 million, on an annualized basis.  Artesian
 Water anticipates placing temporary rates into effect, 60 days from the filing date, up to the statutory limit of $2.5 million on an annual basis, under bond, until the level of permanent rates is decided by the Public Service Commission.&#9;</P>
<P ALIGN="RIGHT"> </P>
</FONT>
<P ALIGN="CENTER">&nbsp;</P>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">SIGNATURES</P>
</B><P ALIGN="RIGHT"></P>
</FONT><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="Courier New" SIZE=2>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.</P>
<P ALIGN="RIGHT"></P>
<B><P ALIGN="CENTER">ARTESIAN RESOURCES CORPORATION</P>
</B>
<P ALIGN="CENTER">12/05/00____________________________</P>
<P ALIGN="CENTER">Dian C. Taylor</P>
<P ALIGN="CENTER">President, CEO, and Chair of the Board</P>
<P ALIGN="CENTER">Artesian Resources Corporation and Subsidiaries</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">12/05/00____________________________</P>
<P ALIGN="CENTER">David B. Spacht</P>
<P ALIGN="CENTER">Vice President, Chief Financial Officer, and Treasurer</P>
<P ALIGN="CENTER">Artesian Resources Corporation and Subsidiaries</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Form 8K </P></FONT></BODY>
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