Press Release

Custer County Rural Water District No. 3 Receives $999,999 Water System Loan with Principal Forgiveness from the OWRB

OKLAHOMA CITY – The Custer County Rural Water District No. 3 (District) received approval for a $999,999 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 is making critical improvements to their water infrastructure. The proposed project will replace approximately 9,090 feet of antiquated water lines with 8,060 feet of polyvinyl chloride and 1,030 LF 8-inch high density polyethylene water line. By replacing these aged lines, the District is taking action to lower operation costs and mitigate costly leaks and line breaks. This project will also improve the reliability of service for the residents and businesses the District serves.

Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the District’s customers will save an estimated $1,581,300 when compared to traditional financing.