Press Release

OKLAHOMA CITY – The Mountain Park Master Conservancy District (District) received approval for a $15,350,000 Financial Assistance Program (FAP) loan on Tuesday from the Oklahoma Water Resources Board (OWRB) to improve their  water infrastructure. 

The Mountain Park Master Conservancy District operates a regional raw water distribution system that provides surface water from Tom Steed Lake and groundwater from nearby wells to the City of Altus and the towns of Frederick and Snyder. To enhance water quality and improve operational flexibility, the District and its partner communities are pursuing system improvements that will allow for more efficient blending of surface and groundwater supplies. The proposed project includes rehabilitating existing wells, constructing new wells and well houses, installing new 4-inch distribution lines, and building a one-million-gallon ground storage tank. Additional improvements include connecting new lines to the existing forebay tank, installing 20-inch transmission lines and all appurtenances necessary to complete the project, which will strengthen the system’s reliability and capacity for years to come. 

The cost estimate for the proposed project is $13,282,270, which will be funded through the Financial Assistance Program loan not to exceed $15,350,000.  

According to Lori Johnson, chief of the OWRB’s Financial Assistance Division, the District’s  customers will save an estimated $3,621,500 compared to traditional financing. The loan shall be secured with a lien on the District’s water storage and transmission facilities, as well as the municipal agreements with the cities of Altus, Frederick, and Snyder. In addition, a lien on Altus’s water, sewer, and electric service revenues, including a mortgage on the water system, will also be applied.