Town of Rentiesville Receives $1,153,848 Grant for System Improvements from the OWRB
OKLAHOMA CITY –The Town of Rentiesville (Town) received approval for $1,153,848 in funding on Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Town’s stormwater infrastructure. Construction of upgrades and improvements will be financed by the OWRB American Rescue Plan Act (ARPA) grant program.
The Town of Rentiesville is facing stormwater drainage challenges due to erosion caused by wind and storms. The existing drainage system lacks the infrastructure needed to effectively manage water flow, resulting in ongoing damage to the current infrastructure. The proposed project will address these issues by replacing culverts, restoring ditches, and implementing erosion prevention measures, along with all necessary components to complete the work. The total estimated cost of the project is $1,153,847.50, which will be fully funded by an OWRB ARPA Grant in the same amount.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the Town’s customers will save an estimated $1,778,800.00 compared to traditional financing.
“We are grateful to State Representative Neil Hays for the continued support of our financial assistance programs,” said Julie Cunningham, Executive Director of the OWRB.
The ARPA grant program is administered by the OWRB with funding from the U.S. Department of the Treasury and appropriated through the 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 $7.8 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.