Kentucky Public Service Commission

Order Entered: Owen is granted a Certificate of Public Convenience and Necessity that authorizes it to bid on a franchise offered by the city of Walton, Kentucky, for electric transmission and distribution service. 2. If Owen is not the successful bidder, Owen shall, within ten days of the award of the franchise at issue, file with the Commission a written notice stating that Owen was not the successful bidder. 3. If Owen is the successful bidder, Owen shall, within ten days of the award of the franchise at issue, file with the Commission a copy of the executed franchise agreement and a statement disclosing the amount of the initial franchise fee. 4. If Owen is the successful bidder, Owen shall, within ten days of an increase or decrease in the amount of the initial franchise fee set forth in the franchise agreement, file with the Commission documentation setting forth the revised fee. 5. Any documents filed pursuant to ordering paragraphs 2, 3, or 4 of this Order shall reference the number of this case and shall be electronically submitted via the Commission's electronic Tariff Filing System. 6. This Order shall not be construed as granting a Certificate of Public Convenience and Necessity to construct utility facilities in said city.

Acknowledge Receipt of Filing

APPLICATION OF OWEN ELECTRIC COOPERATIVE INC. (OWEN) FOR A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY AUTHORIZING OWEN TO BID ON A FRANCHISE ESTABLISHED BY THE CITY OF WALTON, KENTUCKY