The Wynnewood City Utilities Authority Receives $1,500,000 Wastewater System Loan from OWRB

OKLAHOMA CITY – The Wynnewood City Utilities Authority (Authority) received approval for a $1,500,000 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s Wastewater infrastructure. Planning and Design of the improvements to the wastewater system will be financed by a 100% principal forgiveness loan through the Oklahoma Clean Water State Revolving Fund (CWSRF).

The Authority’s wastewater treatment facility is in need of improvement. The proceeds will be used for the planning, design, and engineering to evaluate a new sanitary sewer treatment plant or rehabilitation of the existing plant. Proposed improvements would address deficiencies and help improve discharge to the Washita River.

Joe Freeman, Chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,929,100.00 compared to traditional financing.

“We are grateful to State Senator Greg McCortney and State Representative Cynthia Roe for their support of our financial assistance programs,” said Julie Cunningham, Executive Director of the OWRB.

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 $2.7 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 $7.4 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.