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View Case Filings for: 2019-00311


Case Number:2019-00311
Service Type:Water
Filing Date:9/3/2019
Category:Regular
Utilities:

Caldwell County Water District


Case Nature:

APPLICATION OF CALDWELL COUNTY WATER DISTRICT FOR APPROVAL TO ENTER INTO A LEASE AGREEMENT WITH THE KENTUCKY ASSOCIATION OF COUNTIES LEASING TRUST FOR AN APPROXIMATE PRINCIPAL AMOUNT OF $1,710,000 FOR THE PURPOSE OF REFINANCING OUTSTANDING OBLIGATIONS









Case Filings
FilingDocuments
10/30/2019

Final Order Entered: 1. Caldwell District is authorized to enter into a Lease Agreement with KACOFC to borrow no more than $1,710,000 for the purpose of refunding the Outstanding Revenue Bonds, but only under such terms and conditions that will produce both positive gross savings and NPV savings. 2. Caldwell shall request prior Commission authorization if the actual principal amount of the lease is greater than the $1 ,710,000 that is authorized herein. 3. Caldwell District shall, within 30 days of executing the Lease Agreement, file with the Commission amortization schedules and workpapers showing the actual gross savings and NPV savings that result from the refinancing of the Outstanding Revenue Bonds. 4. Within 30 days of executing the proposed Lease Agreement, Caldwell District shall file a copy of the executed Lease Agreement and any documents referenced in the executed Lease Agreement that Caldwell 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 Caldwell District's application. 6. Any documents filed in the future pursuant to finding paragraphs 3 and 4 shall reference this case number and shall be retained in the post-case correspondence file. 7. This case is hereby closed and will be removed from the Commission's docket.


10/10/2019

Caldwell County Water District Response to Commission Staff Initial Request for Information


9/23/2019

Commission Staff's Initial Request for Information to Caldwell County Water District


9/10/2019

No deficiency letter


9/4/2019

Acknowledge Receipt of Filing


9/3/2019

Caldwell County Water District Application for Approval to Enter into a Lease Agreement with The Kentucky Association of Counties Leasing Trust in an Approximate Principle Amount of $1,710,000 for the Purpose of Refinancing Outstanding Obligations