Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – The Stigler Municipal Improvements Authority (Authority) received approval for a $417,230 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater infrastructure. The planning and design to the wastewater system will be financed by a 100% principal forgiveness loan through the Oklahoma Clean Water State Revolving Fund (CWSRF).
The Authority has been experiencing inflow and infiltration (I/I) in their collection system. These proceeds will be used for a system-wide sanitary sewer evaluation study (SSES), engineering review of the study, and an engineering report outlining correction. Improvements to the collection system would reduce or eliminate bypasses and reduce unintended flows to the wastewater treatment plant.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $670,130 compared to traditional financing.
