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OKLAHOMA CITY – The Mountain Park Master Conservancy District (District) received approval for a $15,350,000 Financial Assistance Program (FAP) loan on Tuesday from the Oklahoma Water Resources Board (OWRB) to improve their  water infrastructure. 

The Mountain Park Master Conservancy District operates a regional raw water distribution system that provides surface water from Tom Steed Lake and groundwater from nearby wells to the City of Altus and the towns of Frederick and Snyder. To enhance water quality and improve operational flexibility, the District and its partner communities are pursuing system improvements that will allow for more efficient blending of surface and groundwater supplies. The proposed project includes rehabilitating existing wells, constructing new wells and well houses, installing new 4-inch distribution lines, and building a one-million-gallon ground storage tank. Additional improvements include connecting new lines to the existing forebay tank, installing 20-inch transmission lines and all appurtenances necessary to complete the project, which will strengthen the system’s reliability and capacity for years to come. 

The cost estimate for the proposed project is $13,282,270, which will be funded through the Financial Assistance Program loan not to exceed $15,350,000.  

According to Lori Johnson, chief of the OWRB’s Financial Assistance Division, the District’s  customers will save an estimated $3,621,500 compared to traditional financing. The loan shall be secured with a lien on the District’s water storage and transmission facilities, as well as the municipal agreements with the cities of Altus, Frederick, and Snyder. In addition, a lien on Altus’s water, sewer, and electric service revenues, including a mortgage on the water system, will also be applied.

OKLAHOMA CITY – The Broken Arrow Municipal Authority (Authority) received approval for a $6,280,000 Financial Assistance Program (FAP) loan on Tuesday from the Oklahoma Water Resources Board (OWRB) to refinance recent improvements to their water and wastewater infrastructure. 

The Authority, located in Tulsa County, operates water and wastewater systems that serve the City of Broken Arrow. The community will use these funds to refinance a Financial Assistance Program (FAP) loan originally approved in 2015, which supported several key infrastructure improvements throughout the city. The completed projects, finished in April 2021, enhanced the capacity, reliability, and efficiency of the city’s water and wastewater systems. This refinancing will help the Authority strengthen its long-term financial position, ensuring continued investment in essential water infrastructure. 

According to Lori Johnson, chief of the OWRB’s Financial Assistance Division, the Authority’s customers will save an estimated $64,800 compared to traditional financing. The loan shall be secured with a senior lien on the revenues of the Authority’s water, sewer, and sanitation services, and a one cent sales tax.

OKLAHOMA CITY – The Chandler Municipal Authority (Authority) received approval for a $5,000,000 Financial Assistance Program (FAP) loan on Tuesday from the Oklahoma Water Resources Board (OWRB) to improve their  water infrastructure. 

The Authority, located in Lincoln County, operates a public water system serving more than 1,300 customers. The system includes a water treatment plant, distribution network, and three storage tanks that provide safe and reliable service to the community. Constructed in 1999, the treatment facility requires upgrades to meet current standards and maintain compliance.  

The project will modernize the plant by replacing outdated treatment units, filters, pumps, and controls, and by upgrading its SCADA (Supervisory Control and Data Acquisition) system, which allows operators to remotely monitor and manage operations. This additional funding will cover cost overruns from the expansion project approved in May 2023 and ensure the continued reliability and efficiency of the community’s water supply. The cost estimate for the overrun funding is $3,701,406.08 which will be funded through the Financial Assistance Program loan not to exceed $5,000,000. 

According to Lori Johnson, chief of the OWRB’s Financial Assistance Division, the Authority’s customers will save an estimated $1,330,600 compared to traditional financing. The loan shall be secured with a senior lien on the Authority’s water, sewer, and sanitation revenues and will include a mortgage on the water and sewer systems. The lien will be in parity with all other OWRB loans.