The Fletcher Public Works Authority receives $999,999 water system funding from OWRB

OKLAHOMA CITY – The Fletcher Public Works Authority (Authority) received approval for $999,999 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s water infrastructure.  Construction of upgrades and improvements to the water system will be financed by a 100% principal forgiveness loan through the Oklahoma Drinking Water State Revolving Fund (DWSRF) along with a $200,000 bank loan and $150,079 in local funds.

The Authority will utilize the proceeds to construct a new water well to replace a failed well. This improvement will provide an adequate supply of drinking water to the Authority's customers.  

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,582,299 compared to traditional financing.  

The DWSRF program is administered by the OWRB and the Oklahoma Department of Environmental Quality (ODEQ) with partial funding from the U.S. Environmental Protection Agency (EPA).  The DWSRF program has provided approximately $2.1 billion in drinking water 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 $6.9 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.

Julie Cunningham, Executive Director of the OWRB, and Scott Thompson, Executive Director of the ODEQ, express their sincere appreciation to State Representative Toni Hasenbeck for support of the DWSRF program.

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

Candy Thompson
Oklahoma Department of Environmental Quality
(405) 702-8100
Candy.Thompson@deq.ok.gov