Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
Add this issuer to your watchlist to get alerts about important updates.
OKLAHOMA CITY – The Warner Utilities Authority (Authority) received approval for a $173,000 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’s wastewater treatment plant (WWTP) is in need of improvement. These proceeds will be used for the planning, design, and engineering of this project. Proposed improvements would enhance the wastewater system functionality for the Authority and improve discharge to Howland Creek.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $267,300 compared to traditional financing.