Roger Mills County Rural Water, Sewer and Solid Waste Management District No. 2 Receives $800,000 Water System Loan with Principal Forgiveness from the OWRB
View allRoger Mills County Rural Water, Sewer and Solid Waste Management District No. 2 Receives $800,000 Water System Loan with Principal Forgiveness from the OWRB
OKLAHOMA CITY – The Roger Mills County Rural Water, Sewer and Solid Waste Management District No. 2 (District) received approval for an $800,000 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 distribution system. The funded project will construct a new 169,000-gallon water storage standpipe to replace an aging water tower and help meet current and future water demand. By replacing outdated infrastructure, the project will improve system reliability, strengthen water quality protection, and support the continued delivery of safe drinking water to residents and businesses throughout the District’s service area.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the District’s customers will save an estimated $1,666,100 when compared to traditional financing.