Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY –The El Reno Municipal Authority (Authority) received approval for $750,000 in funding 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 American Rescue Plan Act (ARPA) grant program along with $750,000 in local funds.
The Authority will utilize the proceeds for new water wells and new water lines throughout the system, helping to address the projected growth within the area.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,121,000 compared to traditional financing. An El Reno Municipal Authority representative, stated, “El Reno appreciates the consideration for this grant.”