Kentucky Public Service Commission

Order Entered in Case No. 2018-00278.

Final Order Entered: 1. McCreary District is authorized to enter into a lease-purchase agreement with Government Capital in the amount of $781,144 over a term of ten years at an interest rate not to exceed the lower of 3.744 percent per annum and be equal to the lower of the rate in effect at the time of approval, or the interest rate in effect at the time of execution of the lease-purchase agreement. 2. McCreary District's request for a CPCN for its AMR program is approved. 3. McCreary District shall notify the Commission prior to performing any additional construction not expressly authorized by this Order. 4. Any deviation from the construction approved by this Order shall be undertaken only with the prior approval of the Commission. 5. Within 30 days of executing its proposed lease-purchase agreement with Government Capital, McCreary District shall file with the Commission an executed copy of the lease-purchase agreement. McCreary District shall use $781,144 of the proceeds from the proposed lease-purchase agreement with Government Capital only for the lawful purposes set forth in its application. None of the proceeds shall be used for the construction of any project not approved by the Commission, except those clearly identified in McCreary District's Application in this proceeding, unless and until McCreary District obtains prior Commission approval for the use of the proceeds.

Motion to Expedite Decision

Gerald E. Wuetcher McCreary County Water District

Response to PSC Staffs First Request for Information

Gerald E. Wuetcher McCreary County Water District

20180601_PSC Letter Filing Documents.pdf

Order Entered: 1. McCreary District's request for approval of its proposed financing is continued beyond the 60-day time limit set forth in KRS 278.300(2), up to and including August 9, 2018. McCreary District's Motion for Extension of Time is granted. 3. McCreary District shall submit its response to Commission Staff's First Request for Information no later than June 8, 2018.

Motion For Extension of Time to Respond to Commission Staffs First Request for Information

Gerald E. Wuetcher McCreary County Water District

Data Request

20180420_PSC No Deficiency Letter.pdf

ELECTRONIC APPLICATION OF MCCREARY COUNTY WATER DISTRICT FOR AUTHORIZATION TO EXECUTE LEASE-PURCHASE AGREEMENT AND RELATED RELIEF

Gerald E. Wuetcher McCreary County Water District

20180126_PSC Acknowledgement Letter.pdf

McCreary County Water District Application for Authorization to Issue Evidences of Indebtedness and Related Relief