Kentucky Public Service Commission

Final Order Entered: 1. Monroe District is authorized to enter into a Lease Agreement with KACOFC to borrow no more than $2,175,000 for the purpose of refunding the Outstanding Revenue Bonds, but only under such terms and conditions that will produce both positive gross savings and net present value savings. 2. Monroe District shall request prior Commission authorization if the actual principal amount of the lease is greater than the $2,175,000 that is authorized herein. 3. Monroe District shall, within 30 days of executing the Lease Agreement, file with the Commission amortization schedules and workpapers showing the actual gross savings and net present value savings that resulted from the refinancing of the Outstanding Revenue Bonds. 4. Within 30 days of executing the proposed Lease Agreement, Monroe District shall file a copy of the executed Lease Agreement and any documents referenced in the executed Lease Agreement that Monroe District has not previously filed with the Commission. 5. The proceeds from the Lease Agreement shall be used only for the lawful purposes specified in Monroe District's application. 6. Any documents filed pursuant to ordering paragraphs 3 and 4 of this Order shall reference the number of this case and shall be retained in the utility's general correspondence file.

Deficiency Cured Letter

Monroe County Water District Response to Deficiencies

Deficiency letter, information due 2/20

Acknowledge Receipt of Filing

Monroe County Water District Application for Approval to Enter into a Lease Agreement with the Kentucky Association of Counties Leasing Trust in an Approximate Principal Amount of $2,175,000 for the Purpose of Refinancing Certain Outstanding Obligations of the Monroe County Water District