Kentucky Public Service Commission

Final Order Entered: 1. Cannonsburg District is authorized to enter into the proposed Assistance Agreement with KIA and, under the terms of the agreement, to borrow from KIA an amount not to exceed $85,000 to be repaid over a 20-year period at an interest rate of 1.75 percent per annum. Within 30 days of executing the proposed Assistance Agreement with KIA, Cannonsburg District shall file with the Commission an executed copy of the Assistance Agreement. Cannonsburg District shall use the proceeds from the proposed Assistance Agreement with KIA only for the lawful purposes set forth in its application. None of the proceeds shall be used for the construction of any other improvements or any other projects except those clearly identified in Cannonsburg District's application in this proceeding, unless and until Cannonsburg District obtains prior Commission approval for the use of the proceeds. 3. Any documents filed in the future pursuant to ordering paragraph 2 shall reference this case number and shall be retained in the utility's general correspondence file. 4. The Executive Director is delegated authority to grant reasonable extensions of time for the filing of any documents required by this Order upon Cannonsburg District's showing of good cause for such extension. Any deviation from the construction approved by this Order shall be undertaken only with the prior approval of the Commission. 5. This case is closed and removed from the Commission's docket.

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