Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY –The City of Wagoner (City) received approval for $2,000,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the City’s wastewater infrastructure. Construction of upgrades and improvements to the wastewater system will be financed by the Oklahoma American Rescue Plan Act (ARPA) grant program along with $2,000,000 in local funds.
The City will use the proceeds for the installation of a new force main, construction of a new headworks, installation of a new disinfection system at the wastewater treatment plant, and to repaint a water tower.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the City’s customers will save an estimated $3,027,900 compared to traditional financing.