Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – The Town of Lima (Town) received approval for $1,153,846 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Town’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.
The Town has storm water and sanitary sewer issues. This proposed project is to find solutions for undersized culverts, add new ones where needed, and replace sanitary sewer lines.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Town’s customers will save an estimated $1,820,400 compared to traditional financing.