Kentucky Public Service Commission

Final Order Entered: 1. Morgan District is granted a CPCN for the proposed project as submitted. 2. Morgan District’s proposed plan of financing is approved. 3. Morgan District is authorized to issue $315,000 of its Waterworks Revenue Bonds in the amount of $315,000 maturing over 40 years at an interest rate not to exceed 1.125 percent per annum. 4. The proceeds from the issuance of the Water System Revenue Bonds shall be used only for the purposes specified in Morgan District’s application. 5. Morgan District is authorized to obtain a grant in the amount of $85,000 from USDA/RD. 6. Morgan District is authorized to obtain a grant from ARC in the amount of $800,000. 7. Morgan District shall obtain approval from the Commission prior to performing any additional construction not expressly authorized by this Order. 8. Morgan District shall file with the Commission documentation of the total costs of this project, including the cost of construction and all other capitalized costs (e.g., engineering, legal, and administrative), within 60 days of the date that construction is substantially completed. Construction costs shall be classified into appropriate plant accounts in accordance with the Uniform System of Accounts for water utilities prescribed by the Commission.

20210405_PSC No Deficiency Letter.pdf

Application and Supporting Documents

W. Randall Jones Morgan County Water District

20210326_PSC Acknowledgment Letter.pdf

Morgan County Water District Notice of Intent to File an Application for a Certificate of Public Convenience and Necessity to Construct a System Improvements Project and an Order Approving a Change in Rates and Authorizing the Issuance of Securities pursua