Kentucky Public Service Commission

Order Entered: 1. Bullock Pen is granted a CPCN to proceed with the proposed water system improvement project as set forth in the plans and specifications of record herein. 2. Bullock Pen shall notify the Commission prior to performing any additional construction not expressly authorized by this Order. 3. Any deviation from the construction approved shall be undertaken only with the approval of the Commission. 4. Bullock Pen shall furnish documentation of the total costs of this project within 60 days of the date that construction is substantially completed. 5. Bullock Pen shall file a copy of the “as-built” drawings and a certified statement that the construction has been satisfactorily completed within 60 days of substantial completion of the construction. 6. Bullock Pen shall require the construction to be inspected under the general supervision of a licensed professional engineer with a Kentucky registration. 7. Bullock Pen is authorized to enter the Assistance Agreement to borrow from KIA an amount not to exceed $1,796,300, which shall be repaid over a 20-year period at an interest rate of 2.0 percent per annum. 8. Within 30 days of executing its proposed Assistance Agreement with KIA, Bullock Pen shall file an executed copy of the Assistance Agreement. 9. Bullock Pen shall use the proceeds from the Assistance Agreement with KIA only for the lawful purposes set forth in its Application.

Bullock Pen WD Supplemental Filing

Order Entered: Bullock Pen District’s motion to deviate from 807 KAR 5:001, Sections 6 and 11 (2)(a)] is granted. 2. Bullock Pen District’s application is considered filed as of the date of this Order. 3. Nothing contained in this Order shall preclude the Commission from requiring the production of information regarding Bullock Pen District’s financial condition or operations since December 31 2011

Acknowledge Receipt of Filing

Application of Bullock Pen Water District for a Certificate of Public Convenience and Necessity to Construct and Finance a Water Tower Project Pursuant to KRS 278.023

Application of Bullock Pen Water District for a Certificate of Public Convenience and Necessity to Construct and Finance a Water Tower Project Pursuant to KRS 278.023