Seminole Municipal Authority receives $439,076 wastewater system loan from OWRB

OKLAHOMA CITY – The Seminole Municipal Authority (Authority) received approval for a $439,076 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater infrastructure. The planning and design to the wastewater system will be financed by a 100% principal forgiveness loan through the Oklahoma Clean Water State Revolving Fund (CWSRF).

The Authority is seeking to identify areas within the sanitary sewer collection system which are in need of improvement. These proceeds will be used to conduct a sanitary sewer evaluation survey (SSES) in order to locate areas experiencing inflow and infiltration. Improvements to the collection system would reduce or eliminate bypasses and reduce unintended flows to the wastewater treatment facility.

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $537,176.00 compared to traditional financing.

The CWSRF program is administered by the Oklahoma Water Resources Board with partial funding from the U.S. Environmental Protection Agency (EPA).  The CWSRF program has provided approximately $2.4 billion in water quality loans to provide communities the resources necessary to maintain and improve the infrastructure that protects our valuable water resources statewide.

Since 1983, the Oklahoma Water Resources Board has approved over $6.5 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.

“We are grateful to State Senator Grant Green and State Representative Danny Williams for their support of our financial assistance programs,” said Julie Cunningham, Executive Director of the OWRB.

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Contact:
Joe Freeman
Oklahoma Water Resources Board
(405) 530-8800
Joe.Freeman@owrb.ok.gov