Kentucky Public Service Commission

Final Order Entered: 1. LaRue District No. 1 is authorized to enter into the Loan with KRWFC to borrow no more than the total amount to pay off the indebtedness proposed to be refinanced as identified in the application on the condition that the final NPV of the savings, determined upon closing, generate positive cash flow. The KWRFC Loan maturity date and interest rate shall be in accordance with the KRWFC Loan agreement as described in LaRue District No. 1’s application. 2. LaRue District No. 1 shall execute the KRWFC Loan documents as authorized herein. 3. LaRue District No. 1 shall comply with all matters set out in finding paragraphs 2 through 6 as if they were individually so ordered. 4. Any documents filed in the future pursuant to finding paragraphs 3 and 4 shall reference this case number and shall be retained in the post-case correspondence file. 5. LaRue District No. 1 shall file in Case No. 2021-00285, the amortization schedule for the refinanced amount within ten days of finalizing the transaction for the indebtedness approved herein. 6. This case is closed and will be removed from the Commission’s docket.

20211222_PSC No Deficiency Letter.pdf

Application and Exhibits

W. Randall Jones Larue County Water District No. 1

20211215_PSC Acknowledgment Letter.pdf

Larue County Water District No. 1 Notice of Intent to File an Application for Authorization to Issue Securities for the Purpose of Refinancing Certain High Interest Indebtedness Using Electronic Filing Procedures