Kentucky Public Service Commission


View Case Filings for: 2012-00147


Case Number:2012-00147
Service Type:Water
Filing Date:4/30/2012
Category:Regular
Utilities:

Grayson County Water District


Case Nature:

APPLICATION OF GRAYSON COUNTY WATER DISTRICT TO ISSUE SECURITIES IN THE APPROXIMATE PRINCIPAL AMOUNT OF $3,700,000 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









Case Filings
FilingDocuments
5/21/2012 2:51:04 PM

Order Entered: 1. Grayson District is authorized to execute the Assistance Agreement with KRWFC to borrow no more than $4,070,0009 for the purpose of refunding the outstanding indebtedness, but only under such terms and conditions as will produce both positive gross savings and net present value savings. 2. If the actual terms and conditions of the Assistance Agreement with KRWFC differ from those set forth in its Application, Grayson District shall, within 30 days of executing the Agreement, file with the Commission amortization schedules and work papers showing the actual gross savings and net present value savings that will result from the refinancing. 3. Within 30 days of executing the Assistance Agreement, Grayson District shall file a written statement with the Commission setting forth the date on which the Agreement was entered, the actual interest rates, and the principal amount. 4. The proceeds from the transaction authorized herein shall be used only for the lawful purposes specified in Grayson District's Application. 5. Any documents filed pursuant to ordering paragraphs 2 and 3 of this Order shall reference the number of this case and shall be retained in the utility's general correspondence file.


4/30/2012 1:28:31 PM

Order Entered: Grayson District’s motion to deviate from 807 KAR 5:001, Section 11 (2)(a), is granted. 2. Grayson District’s application is considered filed as of the date of this Order


4/19/2012 2:46:45 PM

Acknowledge Receipt of Filing


4/19/2012

APPLICATION OF GRAYSON COUNTY WATER DISTRICT TO ISSUE SECURITIES IN THE APPROXIMATE PRINCIPAL AMOUNT OF $3,700,000 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