JOINT PETITION OF CITIZENS REGIONAL WATER RESOURCES, LLC, OR “CRW,” THE BOARD OF DIRECTORS FOR UTILITIES OF THE DEPARTMENT OF PUBLIC UTILITIES OF THE CITY OF INDIANAPOLIS, OR THE “BOARD,” AS TRUSTEE OF THE PUBLIC CHARITABLE TRUST FOR THE WATER SYSTEM, D/B/A CITIZENS WATER, AND CITIZENS WATER OF WESTFIELD, LLC, FOR: (1) APPROVAL OF WHOLESALE WATER SUPPLY AGREEMENT BETWEEN CRW AND CITY OF LEBANON UTILITIES, INCLUDING APPROVAL OF CRW TO OPERATE AS A PUBLIC UTILITY IN CONNECTION WITH SUCH SUPPLY AGREEMENT; (2) APPROVAL OF WHOLESALE WATER SUPPLY AGREEMENT BETWEEN CRW AND CITIZENS WATER, USING CITIZENS WATER’S CURRENT WHOLESALE RATE; (3) GRANTING TO CRW ALL NECESSARY AUTHORITY IN CONNECTION WITH THE ISSUANCE OF LONG-TERM DEBT IN AN AGGREGATE PRINCIPAL AMOUNT OF UP TO $200,000,000.00 IN THE FORM OF AN INDIANA FINANCE AUTHORITY STATE REVOLVING FUND LOAN, TOGETHER WITH APPROVAL OF A DIRECT FUNDING AND GUARANTY AGREEMENT BETWEEN CRW AND THE INDIANA ECONOMIC DEVELOPMENT CORPORATION, OR “IEDC,” WHEREBY IEDC RETAINS FULL RESPONSIBILITY FOR REPAYMENT OF THE LOAN; (4) APPROVAL OF AGREEMENTS ANCILLARY TO THE TRANSACTION INCLUDING A MANAGEMENT AND OPERATING AGREEMENT BETWEEN CRW AND THE BOARD, AND AN ASSET USE AGREEMENT BETWEEN AND AMONG CRW, CITIZENS WATER AND CITIZENS WATER OF WESTFIELD, LLC; (5) APPROVAL OF PROPOSED ALLOCATION OF CORPORATE SHARED SERVICES COSTS TO CRW; (6) APPROVAL OF DEPRECIATION RATES FOR USE BY CRW; AND (7) GRANTING OF THE COMMISSION’S CONSENT FOR CRW TO USE PROPERTY OWNED BY BOONE COUNTY, INDIANA, PURSUANT TO IND. CODE § 36-2-2-23. AND, TO THE EXTENT REQUIRED, ISSUANCE OF A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY (“CPCN”) TO PROVIDE WATER UTILITY SERVICE IN CERTAIN AREAS OF BOONE COUNTY, INDIANA. |