Final Order Entered: 1. Grayson County is granted a CPCN for the proposed project as submitted. 2. Grayson County's proposed plan of financing is approved. 3. Grayson County is authorized to issue Waterworks Revenue Bonds in an amount not to exceed $712,000 to RD, maturing over a 40-year period, at an interest rate not to exceed the lower of 2.5 percent per annum and be equal to the lower of the rate in
effect at the time of loan approval, or the interest rate in effect at the time of closing. 4. The proceeds from the loan shall be used only for the purposes specified in Grayson County's application. 5. Grayson County shall obtain approval from the Commission prior to performing any additional construction not expressly authorized by this Order. 6. Notwithstanding ordering paragraphs 4 and 5, if surplus funds remain after
the approved construction has been completed, Grayson County may use such surplus to construct additional plant facilities if RD approves of the use and the additional construction will not result in a change in Grayson County's rates for service. Grayson County shall provide written notice of this additional construction in accordance with 807 KAR 5:069, Section 4. 7. Grayson County 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.