Sperry Utility Authority receives $302,500 wastewater system loan from OWRB

OKLAHOMA CITY – The Sperry Utility Service Authority (Authority) received approval for a $302,500 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 has been experiencing inflow and infiltration (I/I) in their collection system. These proceeds will be used for a system-wide sanitary sewer evaluation study (SSES), engineering review of the study, and an engineering report outlining correction. Improvements to the collection system would reduce or eliminate bypasses and reduce unintended flows to the wastewater treatment plant.

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $465,800 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 Dana Prieto and State Representative Clay Staires 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