Press Release

OKLAHOMA CITY – The Chandler Municipal Authority (Authority) received approval for a $5,000,000 Financial Assistance Program (FAP) loan on Tuesday from the Oklahoma Water Resources Board (OWRB) to improve their  water infrastructure. 

The Authority, located in Lincoln County, operates a public water system serving more than 1,300 customers. The system includes a water treatment plant, distribution network, and three storage tanks that provide safe and reliable service to the community. Constructed in 1999, the treatment facility requires upgrades to meet current standards and maintain compliance.  

The project will modernize the plant by replacing outdated treatment units, filters, pumps, and controls, and by upgrading its SCADA (Supervisory Control and Data Acquisition) system, which allows operators to remotely monitor and manage operations. This additional funding will cover cost overruns from the expansion project approved in May 2023 and ensure the continued reliability and efficiency of the community’s water supply. The cost estimate for the overrun funding is $3,701,406.08 which will be funded through the Financial Assistance Program loan not to exceed $5,000,000. 

According to Lori Johnson, chief of the OWRB’s Financial Assistance Division, the Authority’s customers will save an estimated $1,330,600 compared to traditional financing. The loan shall be secured with a senior lien on the Authority’s water, sewer, and sanitation revenues and will include a mortgage on the water and sewer systems. The lien will be in parity with all other OWRB loans.