Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – The Pawnee Public Works Authority (Authority) received approval for a $402,500 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater infrastructure. The planning and design for improvements to the wastewater system will be financed by a 100% principal forgiveness loan through the Oklahoma Clean Water State Revolving Fund (CWSRF).
The Authority owns and operates a sanitary sewer system that has been experiencing inflow and infiltration (I/I) in their collection system and needs improvements. The funds will be used for a system-wide sanitary system evaluation survey (SSES) and the planning, design, and engineering required for the recommended improvements. Improvements to the collection system would reduce or eliminate bypasses and reduce unintended flows to the wastewater treatment plant.
Joe Freeman, Chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $522,600 compared to traditional financing.