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The Seiling Public Works Authority Receives $683,261 Water System Loan with Principal Forgiveness from the OWRB 

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Press Release

The Seiling Public Works Authority Receives $683,261 Water System Loan with Principal Forgiveness from the OWRB

OKLAHOMA CITY – The Seiling Public Works Authority (Authority) received approval for a $683,261 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 distribution system. The funded project will replace 621 aging water meters with modern Automated Metering Infrastructure (AMI) technology, which allows water usage data to be collected remotely and more accurately. The upgraded system will improve leak detection, reduce water loss, and help ensure the community’s water resources are managed more efficiently. By eliminating the need for manual meter reading, the project will also reduce operating costs and allow utility staff to focus on system maintenance and infrastructure improvements. These enhancements will strengthen long-term water security and support reliable service for residents and businesses throughout the Authority’s service area.

Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,085,700 compared to traditional financing.