Bond Programs
Lori Johnson,
Chief, Financial Assistance Division
Press Release Detail -
The Authority will utilize the proceeds to install approximately six and a half miles of six inch waterline between Washington County Rural Water District (RWD) No. 7 and Osage County Rural Water (RWD) District No. 20. Additional uses will include rehabilitation of their water treatment plant to include: expansion of the current building, the addition of two new multimedia filters, relocate the chlorine feed, and install two new chlorine feed pumps at the Osage No. 20 storage tank and add aeration to the Washington No. 7 standpipe. This project will allow Osage County RWD No. 20 to decommission their water treatment plant and improve the water quality for residents and businesses in and near their District. The project will help meet the State of Oklahoma’s Water for 2060 goals.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $2,693,300 over the loan’s life compared to traditional financing.
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