The Mannford Public Works Authority Receives $693,820 Water System Funding from the OWRB
View allThe Mannford Public Works Authority Receives $693,820 Water System Funding from the OWRB
OKLAHOMA CITY – The Mannford Public Works Authority (Authority) received approval for a $693,820 loan with 100% principal forgiveness on Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’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 operates a public water system and will use the proceeds to replace 992 aging water meters with modern automated metering infrastructure (AMI), which provides accurate, real-time water-use data. Upgrading to AMI will improve the precision of water monitoring, help quickly identify leaks and other sources of water loss, and reduce operational costs tied to manual meter reading. By automating these tasks, operators will have more time to focus on system maintenance, repairs, and other critical needs. These improvements will strengthen long-term water reliability and support more efficient service for residents and businesses served by the Authority.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,110,620 when compared to traditional financing.