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View Case Filings for: 2019-00346


Case Number:2019-00346
Service Type:Water
Filing Date:9/13/2019
Category:Regular
Utilities:

Mountain Water District


Case Nature:

APPLICATION OF MOUNTAIN WATER DISTRICT FOR A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY TO CONSTRUCT A WATER IMPROVEMENTS PROJECT AND AN ORDER AUTHORIZING THE ISSUANCE OF SECURITIES PURSUANT TO KRS. 278.023









Case Filings
FilingDocuments
10/7/2019

Final Order Entered: 1. Mountain District is granted a CPCN for the proposed project as submitted. 2. Mountain District's proposed plan of financing is approved. 3. Mountain District is authorized to issue water revenue bonds in the amount of $3, 150,000, maturing over a period not to exceed 40 years with an interest rate not to exceed 3.125 percent per annum that will be purchased by USDA/RD. 4. The proceeds from the water revenue bonds shall be used only for the purposes specified in Mountain District's application. 5. Mountain District is authorized to obtain a grant in the amount of $350,000 from USDA/RD. 6. Mountain District shall obtain approval from the Commission prior to performing any additional construction not expressly authorized by this Order. 7. Notwithstanding ordering paragraphs 4 and 6, if surplus funds remain after the approved construction has been completed, Mountain District may use such surplus to construct additional plant facilities if USDA/RD approves of the use and the additional construction, and it will not result in a change in Mountain District's rates for service. Mountain District shall provide written notice of this additional construction in accordance with 807 KAR 5:069, Section 4.


9/17/2019

No deficiency letter


9/13/2019

Acknowledge Receipt of Filing


9/13/2019

Mountain Water District Application for a Certificate of Public Convenience and Necessity to Construct a Water Improvements Project and an Order Authorizing the Issuance of Securities pursuant to KRS 278.023