Press Release

Sayre Public Works Authority $950,000 loan from OWRB

OKLAHOMA CITY – The Sayre Public Works Authority (Authority) received approval for $950,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s water metering infrastructure. Upgrades to the system will be financed by a 100% principal forgiveness loan through the Oklahoma Drinking Water State Revolving Fund (DWSRF).

The Authority will utilize the proceeds to acquire and install 1,700 automatic-read water meters and cans. This project focuses on water conservation and efficiency by identifying water loss and increasing water system usage accuracy. These benefits will help meet Oklahoma's Water for 2060 goals.

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,507,100 compared to traditional financing.