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[Signature Page Follows]
Name:Paducah McCracken County Joint Sewer Agency
621 Northview St
Paducah, KY 42001
Contact Justin HancockPerson:Board Chairman
SYSTEM:Wastewater
PROJECT:
PROJECT BUDGET:Total
10,000$
250,000
220,00060,00080,000
25,000
4,000,000
523,00025,000
5,193,000$
FUNDING SOURCES:
Amount %
5,193,000$ 100%
5,193,000$ 100%
KIA DEBT SERVICE:
5,193,000$
0
5,193,000$
2.00%
20
316,312$
10,386
326,698$
Construction
Legal Expenses
ContingencyOther
Total
Fund A Loan
GOVERNMENTAL AGENCY:
Engineering Fees - Other
Land, Easements
Engineering Fees - Design
Engineering Fees - InspectionEngineering Fees - Construction
EXHIBIT A
PADUCAH MCCRACKEN COUNTY JOINT SEWER AGENCY
PROJECT SPECIFICS
A19-039
This project will capture excess wet weather flows near the intersection of the Cooked Creek and Perkins
Creek sanitary sewer interceptors,eliminating a sanitary sewer overflow.Work will include a segment of
gravity sewer,a diversion structure,a lift station,and a 3 million gallon above ground concrete storage
tank.This project is in accordance with the sanitary sewer overflow plan to help assuage the system's
Consent Decree (CWA-04-2008-4756).
Total
Construction Loan
Less: Principal Forgiveness
Amortized Loan Amount
Interest Rate
Loan Term (Years)
Estimated Annual Debt Service
Administrative Fee (0.20%)
Total Estimated Annual Debt Service
AMORTIZATION COMMENCEMENT DATE: June 1 and December 1
REPLACEMENT RESERVE ACCOUNT:
ADMINISTRATIVE FEE: 0.20%
DEFAULT RATE: 8.00%
DEBT OBLIGATIONS CURRENTLY OUTSTANDING:
Outstanding Maturity
4,008,000$ 2051
3,530,000 2031408,049 2023521,375 2026
338,746 2025
919,471 2029
4,801,797 20336,429,869 20351,678,017 TBD
0 TBD
0 TBD
0 TBD
22,635,323$
LIABILITY INSURANCE COVERAGE:
Death or Personal Injury (per person)Death or Personal Injury (per occurrence)Property Damage on System
Sewer Revenue Bonds (Series 2014)
Sewer Revenue Bonds (Series 2012)
Interest payments will commence within six months from first draw of funds (estimated 06/01/20).
The Agency currently has designated reserves of $3,000,000. The reserves are specifically for high dollar
capital equipment purchases, for emergencies, or for rate stabilization in the event of a loss of a
substantial revenue stream. No additional reserves will be required.
KIA Loan A09-02
Full principal and interest payments will commence within one year of initiation of operation (estimated 12/01/21). All interest and principal repayments shall be made by Automated Clearing House "ACH"
transfers.
Total
KIA Loan A03-01KIA Loan A03-08
KIA Loan A04-03
KIA Loan A08-01
KIA Loan A12-08KIA Loan A16-072 i/a/o $2,385,000
KIA Loan A17-033 i/a/o $9,100,000
KIA Loan A18-022 i/a/o $625,000
KIA Loan A19-044 i/a/o $2,314,500