Kentucky Public Service Commission

Final Order Entered: 1. Ohio District is authorized to borrow from KRWFC an amount up to $7,550,000, but no more than the total amount needed to pay off the RD indebtedness proposed to be refinanced as identified in the Application on the condition that the final NPV of the savings, determined upon closing, generate positive cash flow. The loan maturity date and interest rate shall be in accordance with the KRWFC assistance program as described in Ohio District's Application. 2. Ohio District shall execute the KRWFC loan documents as authorized herein. 3. Ohio District shall comply with all matters set out in finding paragraphs 3 through 6 as if they were individually so ordered. 4. 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. 5. This case is closed and removed from the Commission's docket. Nothing contained herein shall be deemed a warranty or finding of value of securities or financing authorized herein on the part of the Commonwealth of Kentucky or any agency thereof.

20191115_PSC No Deficiency Letter.pdf

Application for authorization to issue securities pursuant to KRS 278.300

W. Randall Jones Ohio County Water District

20191105_PSC Acknowledgment Letter.pdf

Ohio County Water District Notice of Intent to File an Application to Issue Securities in the Approximate Principal Amount of $7,555,000 for the Purpose of Refunding Certain Outstanding Obligations Using Electronic Filing Procedures