Kentucky Public Service Commission

Final Order Entered: 1. Hardin County No. 1 is authorized to issue its proposed 2016 Refunding Bonds in a principal amount not to exceed a total of $4,200,000 for the purpose of refinancing the Series 2005 Bonds, but only under such terms and conditions that will produce both positive gross savings and net present value savings. 2. If the actual terms and conditions of the 2016 Refunding Bonds differ from those set forth in the application, Hardin County No. 1 shall, within 30 days of issuing the 2016 Refunding Bonds authorized in this proceeding, file with the Commission amortization schedules and work papers showing the actual gross savings and net present value savings that resulted from the refinancing of the Outstanding Revenue Bonds. 3. Hardin County No. 1 shall, within 30 days of issuing the 2016 Refunding Bonds authorized herein, file with the Commission a statement setting forth the date the 2016 Refunding Bonds were issued, the actual interest rates, and the principal amount. 4. The proceeds from Hardin County No. 1's issuance of the 2016 Refunding Bonds shall be used only for the lawful purposes specified in the 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.

Hardin County Water District No. 1 Letter from Bond Attorney

Hardin County Water District No. 1 Updated Exhibits

Deficiency Cured Letter

Hardin County Water District No. 1 Response to Application Deficiency

Deficiency Letter

Acknowledge Receipt of Filing

Hardin County Water District No. 1 Application for Authorization to Issue Securities in the Approximate Amount of $4,200,000 for the Purpose of Refunding its Series 2005 Water Revenue Refunding Bonds Pursuant to KRS 278.300 and 807 KAR 5:001