Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY –The Oklahoma Panhandle State University (University) received approval for $163,840 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the University’s water infrastructure. Construction of upgrades and improvements to the water system will be financed by the Oklahoma American Rescue Plan Act (ARPA) grant program.
The University’s waterwell and water lines that provide drinking water for students, staff, and visitors on campus is in need of repair to increase water pressure. These proceeds will be used to replace the existing water well and water lines with new high-quality line.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the University’s savings will be an estimated $273,740.00 compared to traditional financing.