Kentucky Public Service Commission

Final Order Entered: 1. The proposed bond issuance is for lawful objects within the corporate purposes of Northern Kentucky District, is necessary and appropriate for and consistent with the proper performance by the utility of its service to the public, will not impair its ability to perform that service, is reasonable, necessary, and appropriate for such purposes, and is approved. 2. Northern Kentucky District is authorized to issue its proposed 2020 Refunding Bonds in a principal amount not to exceed $25,195,000 for the purpose of refinancing the outstanding Waterworks Revenue Bonds of the District, Series 2000 and Series 2011, but only under such terms and conditions that will produce positive gross savings and net present value savings. 3. The proceeds from the transactions authorized herein shall be used only for the lawful purposes set out in the Application. 4. Northern Kentucky District shall agree only to such terms and prices as are consistent with the parameters set out in the Application. 5. Within 30 days of the issuance of the 2020 Refunding Bonds, Northern Kentucky District shall file with the Commission a statement setting forth the 2020 Refunding Bonds' date of issuance, principal amount, and interest rates.

20200902_PSC No Deficiency Letter.pdf

Application for Approval of Refinancing of Outstanding Bonds

Stacey Kampsen Northern Kentucky Water District

20200824_PSC Acknowledgment Letter.pdf

Northern Kentucky Water District Notice of Intent to File an Application for Approval to Refinance Existing Bonds Using Electronic Filing Procedures