Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY –The Chandler Municipal Authority (Authority) received approval for $2,650,000 in funding on Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater infrastructure. Construction of upgrades and improvements to the wastewater system will be financed by the OWRB American Rescue Plan Act (ARPA) grant program along with matching funds from the Iowa Tribe.
The Authority is preparing for the increased demand on wastewater flows to service the Iowa Tribe’s future hotel and casino developments. To accommodate this growth, the Authority will undertake critical improvements to its wastewater treatment plant (WWTP), including replacing aging equipment, installing a new flow measurement structure, upgrading digesters, blowers, and pumps, and enhancing the electrical
system. The estimated cost of the project is $5,300,000.00, which will be jointly funded by a $2,650,000.00 OWRB ARPA Grant and $2,650,000.00 in Iowa Tribal funds.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $4,275,900.00 compared to traditional financing.