Kentucky Public Service Commission

Final Order Entered: 1. Allen District is authorized to enter into the KRWFC Loan to borrow no more than the amount proposed in the application needed to pay off and refinance the Prior KRWFC Loan indebtedness and district bonds on the condition that the final NPV of the savings, determined upon closing, generate positive cash flow. The loan amount, maturity date, and interest rate shall be in accordance with the KRWFC Loan as described in Allen District’s application. 2. Allen District shall execute the KRWFC Loan documents as authorized herein. 3. Allen District shall comply with all matters set out in the findings paragraphs 2 through 6 above as if they were individually ordered. 4. Any documents filed in the future pursuant to the findings paragraphs 3 and 4 above shall reference this case number and shall be retained in the post-case correspondence file. 5. Allen District shall file an application for an adjustment in base rates by January 28, 2025, to ensure that its rates are sufficient, or in the alternative, file a formal motion with a detailed analysis of its rates and revenues and a statement explaining the reasons why no modifications are necessary. 6. This case is closed and removed from the Commission’s docket.

20211207_PSC No Deficiency Letter.pdf

Application and Exhibits

W. Randall Jones Allen County Water District

20211129_PSC Acknowledgment Letter.pdf

Allen County Water District Notice of Intent to File an Application for Authorization to Issue Securities for the Purpose of Refinancing Certain High Interest Indebtedness Using Electronic Filing Procedures