Town of Jones Receives $58,650 Grant for Water System Improvements from the OWRB
View allTown of Jones Receives $58,650 Grant for Water System Improvements from the OWRB
OKLAHOMA CITY – The Town of Jones (Town) in Oklahoma County received approval for a $58,650 Emergency Grant on Tuesday through the Oklahoma Water Resources Board (OWRB) to improve the Town’s water infrastructure.
The Town operates a water distribution system. The Town is currently experiencing a shortage of water supply due to a lightning strike that disabled one of the community’s wells. The proposed project is to replace and repair the damaged well pump and motor, plus all appurtenances required to complete the project. The estimated cost of the project is $69,000.00 which will be funded by the OWRB Emergency grant in the amount of $58,650.00 and $10,350.00 from local funds.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the grant will save the Authority’s customers $121,700.00 in principal and interest charges by not having to borrow the project funds.