Kentucky Public Service Commission

Order Entered: (1) Simpson District's motion to deviate from 807 KAR 5:001, Section 11(2)(a) is granted. (2) Simpson District's application is considered filed as of November 7, 2011. (3) If the actual terms and conditions of the agreement with KRWFC differ from those in its application, Simpson District shall, within 30 days of executing the loan agreement, file with the Commission amortization schedules showing the actual gross savings that will result from the refinancing. (4) Within 30 days of executing the proposed agreement, Simpson District shall file a statement with the Commission setting forth the date the agreement was entered, the interest rates and the principal amount. (5) The proceeds from the transaction authorized herein shall be used only for the lawful purposes specified in Simpson District's application. (6) Any documents filed pursuant to ordering paragraphs 3 and 4 shall reference the number of this case and shall be retained in the utility's general correspondence file.

No Deficiency Letter

Acknowledge Receipt of Filing

Application of Simpson County Water District to Issue Securities in the Approximate Principal Amount of $1,565,000 for the Purpose of Refunding Certain Outstanding Revenue Bonds of the District Pursuant to the Provisions of KRS 278.300 and 807 KAR 5:001