Bond Programs
Lori Johnson,
Chief, Financial Assistance Division
OKLAHOMA CITY –The Arbuckle Master Conservancy District (District) received approval for $1,409,648 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the District’s infrastructure. Construction of upgrades and improvements to the system will be financed by the Oklahoma American Rescue Plan Act (ARPA) grant program.
Grant proceeds will be used for various improvement projects within the District and to purchase a slope mower to meet Arbuckle Lake dam maintenance requirements.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the District’s customers will save an estimated $2,116,700 compared to traditional financing. District Manager, Steven Jolly, stated, “I wish to thank the Board for consideration and the Financial Assistance staff for answering questions always with a smile on their face.”