Kentucky Public Service Commission

Order Entered: (1) Southeastern is granted a Certificate of Public Convenience and Necessity. (2) Southeastern's proposed plan of financing with RD is accepted. (3) Southeastern is authorized to enter a loan agreement with RD to borrow $3,995,000 for a 40-year period with an interest rate not to exceed 2.25. (4) The proceeds from the loan agreement with RD shall be used only for the purposes specified in Southeastern's application. (5) If surplus funds remain, Southeastern may use such surplus to construct additional plant facilities if RD approves. (6) Southeastern shall file a copy of the "as-built" drawings and a certified statement from the engineer that construction has been completed with in 60 days of completion. (7) Southeastern shall monitor the adequacies of the expanded raw water supply after construction. (8) Southeastern shall notify the Commission one week prior to start of construction and at the 50-percent completion point. (9) The rates set out in the Appendix are approved for service rendered on and after the date of this Order. (10) Within 30 days of the date of this Order, southeastern shall file its revised tariffs. (11) Southeastern shall require the construction to be inspected under the supervision of a professional engineer with a Kentucky registration. (12) Any documents filed in the future shall reference this case number and be retained in the utility's general correspondence file.

No deficiency letter

Acknowledge Receipt of Filing

Application of South Eastern Water Association for a CPC&N Authorizing Construction of Major Additions and Improvements to Its Water Distribution System, Approval of Revised Water Service Rates and Charges, and Approval of the Proposed Plan of Financing Pursuant to the Provisions of KRS 278.023 and 807 KAR 5:069