Kentucky Public Service Commission

Licking Valley R.E.C.C.

IN THE MATTER OF THE APPLICATION OF THE LICKING VALLEY RECC FOR THE AUTHORIZATION TO BORROW FIVE HUNDRED, FOURTY-SIX THOUSAND, NINE HUNDRED, THIRTY-NINE (546,939.00) DOLLARS, FROM NATIIONAL RURAL UTILITIES COOPERTIVE FINANCE CORPORATION, AND TO EXECUTE A NOTE AND RESTATED MORTGAGE FOR SAID SUM; AND FOR A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY TO MAKE CERTAIN EXTENSIONS AND IMPROVEMENTS TO ITS SYSTEM.