Press Release

OKLAHOMA CITY – The Cherokee Development Authority (Authority) received approval for a $2,295,000 Financial Assistance Program (FAP) loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve their  water and wastewater infrastructure.

The Cherokee Development Authority plans to convert their wastewater lagoons to a land application/total retention system, eliminating the need for discharging. Additionally, the Authority will relocate the service location for the water treatment plant, replace a portion of the main distribution line, and install additional valves to improve system isolation during maintenance.

According to Lori Johnson, chief of the OWRB’s Financial Assistance Division, the Authority’s customers will save an estimated $620,000 compared to traditional financing. The loan shall be secured with a lien on the revenues of the Authority’s  water, sewer, sanitation, and a one-cent sales tax.