Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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Westville Utility Authority receives $1,000,000 grant from OWRB
OKLAHOMA CITY –The Westville Utility 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 along with a bank loan totaling $922,000.
The Authority owns and operates a water distribution system that serves approximately 750 customers in the town of Westville. The current storage facility is insufficient to meet water demands during droughts or emergencies. These proceeds will be used to construct a 250,000-gallon elevated storage tank to address the issue.
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.