Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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Buffalo Public Works Authority receives $1,000,000 grant for system improvements
OKLAHOMA CITY –The Buffalo Public Works Authority (Authority) received approval for $1,000,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’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 Town of Buffalo currently has one 30,000-gallon storage tank for water storage. These proceeds will be used to increase capacity by contructing a new storage tank and for the replacement of approximately 2,400 linear feet of waterline from Dobby Springs.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,553,200 compared to traditional financing.