Final Order Entered: 1. Todd County is granted a CPCN for the construction specified in Contract 1 of the proposed Project as submitted. 2. Any deviation from the construction approved shall be undertaken only with the prior approval of the Commission. 3. Todd County's proposed plan of financing is approved. Todd County is authorized to enter into a promissory note with RD in the amount of $3,068,000, maturing over a 40-year period, at an interest rate not to exceed 2.75 percent per annum. 4. Within 30 days of executing the promissory note with RD, Todd County shall
file with the Commission an executed copy of the promissory note. 5. The proceeds from the promissory note shall be used only for the purposes specified in Todd County's application. None of the proceeds shall be used for the construction of any of the improvements that are part of the Project except those clearly identified as part of Contract 1 unless and until Todd County is granted a CPCN to construct such improvements. 6. Todd County's motion to keep this case open pending further action by Todd County on Contract 2 is denied. 7. Todd County shall make application with the Commission for a CPCN for improvements proposed through Contract 2 when approval is necessary for that phase of the Project and, further, shall obtain approval from the Commission prior to performing any other additional construction not expressly authorized by this Order.