Kentucky Public Service Commission

Final Order Entered: 1. Grayson District is granted a CPCN for the proposed project as submitted. 2. Grayson District’s proposed plan of financing is approved. 3. Grayson District is authorized to issue $568,000 of its Waterworks Revenue Bonds in the amount of $568,000 maturing over 40 years at an interest rate not to exceed 1.5 percent per annum. 4. The proceeds from the issuance of the Water System Revenue Bonds shall be used only for the purposes specified in Grayson District’s application. 5. Grayson District shall obtain approval from the Commission prior to performing any additional construction not expressly authorized by this Order. 6. Grayson District shall file with the Commission documentation of the total costs of this project, including the cost of construction, and all other capitalized costs (e.g., engineering, legal, and administrative), within 60 days of the date that construction is substantially completed. Construction costs shall be classified into appropriate plant accounts in accordance with the Uniform System of Accounts for water utilities prescribed by the Commission. 7. Grayson District shall file a copy of the “as-built” drawings and a certified statement from the engineer that the construction has been satisfactorily completed in accordance with the contract plans and specifications within 60 days of substantial completion of the construction certified herein.

20210406_PSC No Deficiency Letter.pdf

Application and Supporting Documents

W. Randall Jones Grayson County Water District

20210331_PSC Acknowledgment Letter.pdf

Grayson County Water District Notice of Intent to File an Application for a Certificate of Public Convenience and Necessity to Construct a System Improvements Project and an Order Authorizing the Issuance of Securities pursuant to KRS 278.023 Using Electro