Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – Town of Stratford (Town) in Garvin County received approval for a $99,999 Rural Economic Action Plan (REAP) grant on Tuesday through the Oklahoma Water Resources Board (OWRB) to improve the Town’s wastewater infrastructure.
The Town of Stratford operates a wastewater treatment system and is addressing critical repairs to its aging lift station, which is essential for moving wastewater through the system. The project will involve installing a new headworks, a new comminutor, repairing the wet well, and replacing pumps and piping. These upgrades will help prevent premature wear and ensure the system operates efficiently. The estimated cost of the project is $99,999.00 which will be funded by the OWRB REAP Grant of $99,999.00.
Lori Johnson, chief of the OWRB's Financial Assistance Division, calculated that the grant will save the Authority’s customers $181,600 in principal and interest charges by not having to borrow the project funds.