STATE OF RHODE ISLANDDIVISION OF PUBLIC UTILITIES AND CARRIERS
IN RE: KENT COUNTY WATER AUTHORITY’S APPLICATION FOR BORROWING AUTHORITY
DOCKET NO. D-22-03
NOTICE OF FILING AND PUBLIC HEARING
Pursuant to the provisions of the Rhode Island Gen, Laws §39-3-15, §39-3-17 and §39-3-18, the Division of Public Utilities and Carriers (Division) will conduct a public hearing on Monday, March 21, 2022 at 1:00 P.M. in Hearing Room B of the Division of Public Utilities and Carriers, located at 89 Jefferson Boulevard, Warwick, Rhode Island. At this hearing, the Division will examine the propriety of an application by the Kent County Water Authority (KCWA) seeking consent and approval to obtain financing in an amount not to exceed twenty million dollars ($20,000,000). Specifically, KCWA seeks to finance two loans from the Rhode Island Infrastructure Bank ("RIIB") consisting of principal amounts not to exceed eighteen million ($18,000,000) from the RIIB Safe Drinking Water State Revolving Fund (SDWRF) and two million ($2,000,000) from the RIIB Efficient Buildings Fund(EBF), respectively. The proceeds from the sale of the bonds will be used to finance the construction of a new office and maintenance facility. The application is on file for examination at the Division’s office. The application can also be accessed at http://www.ripuc.ri.gov/eventsactions/docket/D_22_03_Page.html. Reference is made to Chapters 39-1, 39-3 and 42-35 of the RI General Laws. The Division of Public Utilities and Carriers is accessible to the handicapped. Individuals requesting interpreter services for the hearing impaired must notify the Clerk’s office at 780-2107 seventy-two hours in advance of hearing date.
Linda George, Administrator March 11, 2022