View Case Filings for: 2017-00455
Service Type:Water
Filing Date:12/1/2017
Category:Regular
Utilities:
Cumberland County Water District
Case Nature:
APPLICATION OF CUMBERLAND COUNTY WATER DISTRICT FOR A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY TO CONSTRUCT, FINANCE, AND INCREASE RATES PURSUANT TO KRS 278.023
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12/20/2017 1:30:15 PM
Final Order Entered: 1. Cumberland is granted a CPCN for the proposed project as submitted. 2. Cumberland's proposed plan of financing is approved. 3. Cumberland is authorized to enter into a promissory note with RD in the amount of $700,000, maturing over a 40-year period, at an interest rate equal to the lower of the rate in effect at the time of loan approval, or the interest rate in effect at the time of closing, but not to exceed 1.8750 percent per annum. 4. The proceeds from the promissory note shall be used only for the purposes specified in Cumberland's application. 5. Cumberland shall obtain approval from the Commission prior to performing any additional construction not expressly authorized by this Order. 6. Notwithstanding ordering paragraphs 4 and 5, if surplus funds remain after the approved construction has been completed, Cumberland may use such surplus to construct additional plant facilities if RD approves of the use and the additional construction will not result in a change in Cumberland's rates for service. Cumberland shall provide written notice of this additional construction in accordance with 807 KAR 5:069, Section 4. 7. Cumberland shall file with the Commission documentation of the total costs of this project, including the cost of construction and all other capitalized costs (e.g., engineering, legal, and administrative), within 60 days of the date that construction is substantially completed. |
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12/7/2017 11:57:20 AM
No deficiency letter |
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12/7/2017
Cumberland County Water District Affidavit of Publication |
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12/1/2017 2:46:36 PM
Acknowledge Receipt of Filing |
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12/1/2017
Cumberland County Water District Application for a CPC&N to Construct, Finance, and Increase Rates Pursuant to KRS 278.023 |
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12/1/2017
Cumberland County Water District Application for a CPC&N to Construct, Finance, and Increase Rates Pursuant to KRS 278.023 |
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12/1/2017
Cumberland County Water District Application for a CPC&N to Construct, Finance, and Increase Rates Pursuant to KRS 278.023 |
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12/1/2017
Cumberland County Water District Application for a CPC&N to Construct, Finance, and Increase Rates Pursuant to KRS 278.023 |
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