Kentucky Public Service Commission

Final Order Entered: 1. Barkley Lake District is authorized to enter into a Loan with KRWFC to borrow no more than the total amount to pay off the USDA/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 Barkley Lake District's application. 2. Barkley Lake District shall execute the KRWFC Loan documents as authorized herein. 3. Barkley Lake 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. Barkley Lake District should file an application for an adjustment in base rates by September 2, 2021, to ensure that its rates are sufficient. 6. This case is hereby closed and will be removed from the Commission's docket.

20201013_PSC No Deficiency Letter.pdf

Application

W. Randall Jones Barkley Lake Water District

20201005_PSC Acknowledgment Letter.pdf

Barkley Lake Water District Notice of Intent to File an Application to Issue Securities in the Approximate Principal Amount of $5,230,000 for the Purpose of Refunding and Reamortizing Certain Outstanding Obligations of the District Pursuant to the Provisio