Kentucky Public Service Commission

Order Entered: 1. Sharpsburg District is granted a Certificate of Public Convenience and Necessity for the proposed construction project. Sharpsburg District‘s proposed plan of financing is accepted. Sharpsburg District is authorized to issue $642,000 of Sharpsburg Water District Waterworks Revenue Bonds, at an interest rate not exceeding 2.375 percent per annum, maturing over 40 years. 4. The proceeds from the proposed bond issuance shall be used only for the purposes specified in Sharpsburg District’s application. 5. Notwithstanding ordering paragraph 4, if surplus funds remain after the approved construction has been completed, Sharpsburg District may use such surplus to construct additional plant facilities if RD approves of the use and the additional construction will not result in a change in Sharpsburg District’s rates for service. Sharpsburg District shall provide written notice of this additional construction in accordance with 807 KAR 5:069, Section 3. 6. Sharpsburg District shall file a copy of the “as-built” drawings and a certified statement from the engineer that the construction has been satisfactorily completed in accordance with the contract plans and specifications within 60 days of substantial completion of the construction certified herein.7. Sharpsburg District shall require the construction to be inspected under the general supervision of a professional engineer with a Kentucky registration in civil or mechanical engineering to ensure that the constr

No deficiency letter

Acknowledge Receipt of Filing

Sharpsburg Water District's Application for a CPC&N to Construct, Finance and Increase Rates Pursuant to KRS 278.023