Kentucky Public Service Commission

Blue Grass R.E.C.C.

IN THE MATTER OF THE APPLICATION OF THE BLUE GRASS RURAL ELECTRIC COOPERATIVE CORPORATION FOR CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY TO EXECUTE ITS NOTE TO THE UNITED STATES OF AMERICA IN THE AMOUNT OF $3,857,000.00 AND TO EXECUTE ITS NOTE TO NATIONAL RURAL UTILITIES COOPERATIVES FINANCE CORPORATION IN THE AMOUNT OF $1,740,000.00 AND EXECUTION OF A RESTATED MORTGAGE AND SECURTIY AGREEMENT.