Rural Water, Sewer, and Solid Waste Management District No. 1, Logan County, Oklahoma Receives $1,140,518 Water System Funding with 100% Principal Forgiveness from the OWRB
View allRural Water, Sewer, and Solid Waste Management District No. 1, Logan County, Oklahoma Receives $1,140,518 Water System Funding with 100% Principal Forgiveness from the OWRB
OKLAHOMA CITY – Rural Water, Sewer, and Solid Waste Management District No. 1, Logan County, Oklahoma (District) received approval for a $1,140,518 loan, with 100% principal forgiveness on Tuesday 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 District will extend their service area to provide safe drinking water to homes around Waterloo and Hiawasee whose current water source comprises of private wells with compromised water quality. The District will install 44,170 linear feet of 8-inch and 10-inch high density polyethylene (HDPE) waterline, as well as polyvinyl chloride (PVC) waterline ranging from 2 to 8 inches. The District will also install 50 new meters at the homes in the new service area. This project will increase the quality of water accessible to the residents in this area and ensure they have access to water that meets federal drinking water standards.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the District’s customers will save an estimated $1,843,704 when compared to traditional financing.
