Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
Add this issuer to your watchlist to get alerts about important updates.
OKLAHOMA CITY – The Barnsdall, Oklahoma, Public Works Authority (Authority) received approval for $2,000,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s dam. Construction of upgrades and improvements to the dam and spillway will be financed by the OWRB American Rescue Plan Act (ARPA) grant program, EPA/Congressional grant of $1,600,000, USDA Emergency Community Water Assistance Grant of $1,000,000, as well as $1,200,000 collective funding from the Osage Nation and City of Barnsdall.
The Authority owns and operates the Waxhoma Dam, which forms Waxhoma Lake and supplies potable water to 506 customers and Osage Co. RWD #5. Currently, the dam has an overall condition rating of unsatisfactory, primarily due to extensive damage to the concrete spillway from two separate breaches. The proposed project involves the complete removal and replacement of the spillway to restore and ensure the dam's integrity and functionality.
Joe Freeman, Chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $3,100,300 compared to traditional financing.