Kentucky Public Service Commission

Order Entered: 1. Cumberland District is denied an extension of time to submit an application for a traditional adjustment in rates or an ARF. 2. Cumberland District shall file an application for a traditional adjustment in rates or an ARF as soon as possible.

Order Entered: 1. A decision on Cumberland District’s motion for an extension of time is deferred to obtain additional information. 2. No later than August 13, 2021, Cumberland District shall file with the Commission Cumberland District’s responses to the data requests in the Appendix attached to this Order. 3. a. Responses to requests for information in paper medium shall be appropriately bound, tabbed and indexed, and shall include the name of the witness responsible for responding to the questions related to the information provided, with a copy to all parties of record. Electronic documents shall be in portable document format (PDF), shall be searchable, and shall be appropriately bookmarked. b. Each response shall be answered under oath or, for representatives of a public or private corporation or a partnership or association or a governmental agency, be accompanied by a signed certification of the preparer or person supervising the preparation of the response on behalf of the entity that the response is true and accurate to the best of that person's knowledge, information, and belief formed after a reasonable inquiry.

Final Order Entered: 1. Cumberland District is authorized to enter into the Loan with KRWFC to borrow no more than the total amount to pay off the 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 Cumberland District's Application. 2. Cumberland District shall execute the KRWFC loan documents as authorized herein. 3. Cumberland District shall comply with all matters set out in finding paragraphs 3 through 8 as if they were individually so ordered. 4. Any documents filed in the future pursuant to finding paragraphs 4 and 5 shall reference this case number and shall be retained in the post-case correspondence file. 5. Cumberland District shall enter an application for an adjustment in base rates within one year of the date of filing of this Order. 6. This case is closed and will be removed from the Commission's docket.

20200626_PSC No Deficiency Letter.pdf

Application and Exhibits

W. Randall Jones Cumberland County Water District

20200612_PSC Acknowledgment Letter.pdf

Cumberland County Water District Notice of Intent to File an Application to Issue Securities in the Approximate Principal Amount of $1,570,000 for the Purpose of Refunding Certain Outstanding Obligations of the District Pursuant to the Provisions of KRS 27