OKLAHOMA CITY –The City of Holdenville (City) received approval for $1,000,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the City’s water infrastructure. Construction of upgrades and improvements to the water system will be financed by the Oklahoma American Rescue Plan Act (ARPA) grant program.
The City owns and operates a water treatment plant and a water distribution system that is in need of replacement. The proposed project is to install eighteen (18) valves, install seventeen (17) fire hydrants, and fund engineering services.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the City’s customers will save an estimated $1,553,200 compared to traditional financing.
The ARPA grant program is administered by the OWRB with funding from the U.S. Department of the Treasury and appropriated through the Water and Wastewater American Rescue Plan Act grants program. This OWRB program has been structured to provide communities and other eligible entities with the financial resources necessary to address water and wastewater infrastructure needs within their systems. Since 1983 the Water Resources Board has approved over $7.1 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.
“We are grateful to State Senator Greg McCortney and State Representative David Smith for their continued 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
