Press Release

OKLAHOMA CITY – The Hollis Public Works Authority (Authority) received approval for $800,000 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 a 100% principal forgiveness loan through the Oklahoma Drinking Water State Revolving Fund (DWSRF).

The Authority will utilize the proceeds for the replacement of approximately 6,000 linear feet of water line from the well field to the city of Hollis. This will reduce water loss and improve pressure in the distribution system for residents and businesses within the Authority.

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,211,900 compared to traditional financing.