Kentucky Public Service Commission

Shelby Energy Cooperative, Inc.

IN THE MATTER OF THE APPLICATION OF SHELBY RECC FOR THE AUTHORIZATION TO BORROW FIVE HUNDRED EIGHTTY THOUSAND, FOUR HUNDRED TWELVE ($580,412.00) DOLLARS FROM NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION, AND TO EXECUTE A NOTE FOR SAID SUM; AND FOR A CERTIFICATE OF PUBLIC CONVENINCE AND NECESSITY TO MAKE CERTAIN EXTENSIONS AND IMPROVEMENTS TO ITS SYSTEM.