Waukomis Public Works Authority receives $165,000 wastewater system loan from OWRB
OKLAHOMA CITY – The Waukomis Public Works Authority (Authority) received approval for a $165,000 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) along with $55,000 in local funds.
The Authority has a sanitary sewer main and lift station in need of rehabilitation. These proceeds will be used for the studies, tests, planning and design, and engineering required to address these issues. Proposed improvements will enhance wastewater system functionality for the Authority and improve discharge into Hackberry Creek.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $259,900 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 Roland Pederson and State Representative Mike Dobrinski for their support of our financial assistance programs,” said Julie Cunningham, Executive Director of the OWRB.
####
Contact:
Joe Freeman
Oklahoma Water Resources Board
(405) 530-8800
Joe.Freeman@owrb.ok.gov