Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – The Wynnewood City Utilities Authority (Authority) received approval for a $1,500,000 loan with 100% principal forgiveness 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 Oklahoma Clean Water State Revolving Fund (CWSRF).
The Authority operates a wastewater system that serves the community’s residents and businesses. To strengthen its system and restore compliance with environmental standards, the Authority will complete the final design for wastewater treatment plant improvements and conduct a citywide sanitary sewer evaluation survey (SSES). This study will map the sewer system, identify areas where rainwater and groundwater are seeping into pipes and determine needed repairs. By reducing these unintended flows, the project will improve system efficiency, protect water quality, and ensure more reliable service for the community.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $2,479,000 compared to traditional financing.