About

Press Release

Get Issuer Alerts

Add this issuer to your watchlist to get alerts about important updates.

Minco Municipal Authority receives $1,000,000 grant for wastewater system improvements

View all

June 20, 2023

Press Release

OKLAHOMA CITY –The Minco Municipal Authority (Authority) received approval for $1,000,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater infrastructure.  Construction of upgrades and improvements to the wastewater system will be financed by the Oklahoma American Rescue Plan Act (ARPA) grant program along with a $100,000 OWRB Rural Economic Action Plan (REAP) grant, and $131,000 in local funds.

The Authority operates a public wastewater collection system which is in need of updates. These proceeds will be used to replace approximately 2,000 linear feet (lf) of 8" PVC sewer line, pipe burst 1,550 lf of 8" sewer line, replace 17 manholes, and rehabilitate twenty-one manholes in the collection system. 

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,529,300 compared to traditional financing.