View Case Filings for: 2013-00169
Columbia/Adair Utilities District
APPLICATION OF ADAIR COUNTY WATER DISTRICT TO ISSUE SECURITIES IN THE APPROXIMATE PRINCIPAL AMOUNT OF $4,025,000 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
6/3/2013 2:56:54 PM
Order Entered: 1. Adair District is authorized to execute the proposed assistance agreement with KRWFC to borrow no more than $4,427,5009 for the purpose of refunding the bonded debt listed in the Appendix to this Order, 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 agreement with KRWFC differ from those set forth in its application, Adair District shall, within 30 days of executing the loan 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 proposed transaction. 3. Within 30 days of executing the proposed agreement, Adair District shall file a copy of the executed assistance agreement and any documents referenced in the executed assistance agreement that Adair District has not previously filed with the Commission. 4. The proceeds resulting from the assistance agreement shall be used only for the lawful purposes specified in Adair 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.
5/14/2013 3:06:38 PM
Order Entered; Adair District’s request to deviate from 807 KAR 5:001, Section 17(2)(a), is granted. 2. Adair District’s application is considered filed as of the date of this Order. Nothing contained in this Order shall preclude the Commission from requiring the production of information regarding Adair District’s financial condition or operations since December 31, 2012.
4/30/2013 1:33:49 PM
Acknowledge Receipt of Filing
Application of Adair County Water District to Issue Securities in the Approximate Principal Amount of $4,025,000 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