Press Release

Seminole Municipal Authority Receives $1,738,146 Water System Funding from the OWRB

OKLAHOMA CITY – Seminole Municipal Authority (Authority) received approval for $1,738,146 in funding on Tuesday, including $1,000,000 of principal forgiveness, from the Oklahoma Water Resources Board (OWRB) to improve the District’s water infrastructure.  Construction of upgrades and improvements to the water system will be financed by the Oklahoma Drinking Water State Revolving Fund (DWSRF).

The Authority’s existing aging water meter system has contributed to overall system inefficiency and unmetered water loss. The approved funds will be utilized to replace over 3,200 inefficient water meters with new reliable meters incorporated with an advanced metering infrastructure (AMI) system. This upgraded infrastructure will improve operational efficiency, enable early leak detection, and reduce water loss, while also providing a more secure and accurate metering system.

Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,710,700 compared to traditional financing. The DWSRF loan will be secured with a lien on the revenues of the District’s water services.