Press Release

The Fletcher Public Works Authority receives $999,999 water system funding from OWRB

OKLAHOMA CITY – The Fletcher Public Works Authority (Authority) received approval for $999,999 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s water infrastructure.  Construction of upgrades and improvements to the water system will be financed by a 100% principal forgiveness loan through the Oklahoma Drinking Water State Revolving Fund (DWSRF) along with a $200,000 bank loan and $150,079 in local funds.

The Authority will utilize the proceeds to construct a new water well to replace a failed well. This improvement will provide an adequate supply of drinking water to the Authority's customers.

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,582,299 compared to traditional financing.