Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – The Covington Utilities Authority (Authority) in Garfield County received approval for a $134,607 Rural Economic Action Plan (REAP) grant on Tuesday through the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater infrastructure.
The Authority operates a sanitary sewer collection system that is experiencing overflows caused by aging and deteriorated clay tile sewer lines. To address this issue and improve system reliability, the proposed project will replace approximately 300 linear feet of 10-inch sewer main and one manhole, along with all necessary components. These upgrades will help reduce the risk of future overflows and protect public health and the environment. The estimated cost of the project is $134,607.00 which will be funded by the OWRB REAP grant in the amount of $134,607.00
Lori Johnson, chief of the OWRB's Financial Assistance Division, calculated that the grant will save the Authority’s customers $182,400 in principal and interest charges by not having to borrow the project funds.