Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY –The Town of Keota (Town) received approval for $1,000,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Town’s wastewater infrastructure. Construction of upgrades and improvements to the wastewater system will be financed by the Oklahoma American Rescue Plan Act (ARPA) grant program.
The Town owns and operates a wastewater system. These proceeds will be used for land application improvements, to replace approximately 1,000 linear feet of sewer main and two (2) manholes.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Town’s customers will save an estimated $1,553,200.00 compared to traditional financing.