Cherokee County Rural Water, Sewer, Gas and Solid Waste Management District No. 16 Receives $783,379 Water System Loan with Principal Forgiveness from the OWRB
View allCherokee County Rural Water, Sewer, Gas and Solid Waste Management District No. 16 Receives $783,379 Water System Loan with Principal Forgiveness from the OWRB
OKLAHOMA CITY – The Cherokee County Rural Water, Sewer, Gas and Solid Waste Management District No. 16 (District) received approval for a $783,379 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 operates a public water system and will use the funding to replace aging infrastructure by installing more than 9,000 feet of new high-density polyethylene (HDPE) water lines. These improvements will strengthen the reliability of the distribution system and help ensure consistent water service for customers by reducing frequent repairs and water loss. Overall, the upgrades will enhance long-term system performance and protect the community’s access to safe, dependable drinking water.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the District’s customers will save an estimated $1,249,679 when compared to traditional financing.