Kentucky Public Service Commission

Final Order Entered: 1. Bracken District is authorized to enter into a Loan with KRWFC to borrow no more than the total amount to pay off the RD 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 Loan maturity date and interest rate shall be in accordance with the KRWFC assistance program as described in Bracken District's Application. 2. Bracken District shall execute the KRWFC Loan documents as authorized herein. 3. Bracken District shall comply with all matters set out in finding paragraphs 3 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. Bracken District shall file an update to its plans filed in its response to Commission Staff's September 4, 2018 Periodic Compliance Inspection. 6. This case is hereby closed and will be removed from the Commission's docket.

20200630_PSC No Deficiency Letter.pdf

Application and Exhibits

W. Randall Jones Bracken County Water District

20200619_PSC Acknowledgment Letter.pdf

Bracken County Water District Notice of Intent to File an Application to Issue Securities in the Approximate Principal Amount of $2,300,000 for the Purpose of Refunding and Reamortizing Certain Outstanding Obligations of the District Pursuant to the Provis