Press Release

The Boynton Public Works Authority Receives $999,999 Water System Loan with Principal Forgiveness from the OWRB

OKLAHOMA CITY – The Boynton Public Works Authority (Authority) received approval for a $999,999 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 is undertaking improvements to enhance water quality and maintain compliance with drinking water standards. The proposed project will install a new mixing system in an existing water storage tank to keep water circulating and prevent stagnation. Improved circulation will reduce the formation of disinfection byproducts, which can occur when treated water remains in storage for extended periods. These upgrades will help restore and maintain compliance with regulatory requirements while providing safer, higher-quality drinking water 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 $1,581,300 when compared to traditional financing.