Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – The Wagoner County Rural Water District No. 2 (District) received approval for a $99,999 Rural Economic Action Plan (REAP) grant Tuesday through the Oklahoma Water Resources Board (OWRB) to improve the District’s water infrastructure.
The District's water treatment plant (WTP) is currently struggling with insufficient capacity and ongoing maintenance needs. Additionally, the distribution system requires upgrades and replacements to address pressure and water loss challenges. The proposed project aims to implement significant water system improvements to enhance overall efficiency and reliability.
Joe Freeman, Chief of the OWRB's Financial Assistance Division, calculated that the grant will save the Authority’s customers $231,900 in principal and interest charges by not having to borrow the project funds.