Kentucky Public Service Commission


View Case Filings for: 2016-00397


Case Number:2016-00397
Service Type:Telephone
Filing Date:12/15/2016
Category:Regular
Utilities:

Gearheart Communications Company, Inc. dba Coalfields Telephone Company


Case Nature:

APPLICATION OF GEARHEART COMMUNICATIONS, INC. DBA COALFIELDS TELEPHONE COMPANY FOR AUTHORITY TO ISSUE INDEBTEDNESS PAYABLE AT PERIODS OF MORE THAN TWO (2) YEARS FROM THE DATE THEREOF









Case Filings
FilingDocuments
2/2/2017 1:18:30 PM

Final Order Entered: 1. Coalfields Telephone is authorized to borrow from Bank of America $11 ,000,000 as described in the Application. The loan maturity date and interest rate shall be as described in Coalfield Telephone's Application. 2. Coalfields Telephone shall execute the Bank of America loan documents as authorized herein. 3. Coalfields Telephone shall comply with all matters set out in finding paragraphs 3 through 6 as if they were individually so ordered. 4. Coalfields Telephone is granted a CPCN to construct new facilities as set forth in its Application and as described in this Order. 5. Should the costs of the construction authorized herein exceed by more than 10 percent the estimated costs contained in the Application, Coalfields Telephone shall immediately notify the Commission in writing of the adjustment and include an explanation of the additional costs for the Commission's approval. 6. As provided for in this Order, Coalfields Telephone shall maintain records that clearly and sufficiently document the proper allocation of costs for jurisdictional and non-jurisdictional services provided as a result of this construction project. 7. Any documents filed pursuant to ordering paragraph 3 of this Order shall reference the number of this case and shall be retained in the utility's general correspondence file.


12/15/2016 12:13:32 PM

Order Entered: Coalfields Is granted deviation from 807 KAR 5:001, Sections 12(1)(a) and (2)(i), to the extent that the income statements and balance sheets do not need to cover a 12-month period. 2. Coalfields' Application is deemed filed from the date of this Order.


11/17/2016 10:50:24 AM

Acknowledge Receipt of Filing


11/17/2016

APPLICATION OF GEARHEART COMMUNICATIONS, INC. DBA COALFIELDS TELEPHONE COMPANY FOR AUTHORITY TO ISSUE INDEBTEDNESS PAYABLE AT PERIODS OF MORE THAN TWO (2) YEARS FROM THE DATE THEREOF