Bond Programs
Lori Johnson,
Chief, Financial Assistance Division
OKLAHOMA CITY –The Town of Grayson (Town) received approval for $1,153,846 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 operates a wastewater system consisting of lagoons and lift stations. Both lift stations require repairs to operate safely and the lagoons are full of sludge which has diminished their capacity. The proposed projects are to replace the two submersible centrifugal pumps, corroded piping, add guide rails and brackets, upgrade the electrical system at the two lift stations, drain and clean out the wastewater lagoon, clearing out and grading of natural stormwater conveyances, install additional pipes and repairs to existing stormwater structure, and increase capacity of the detention pond with additional grading.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Town’s customers will save an estimated $1,778,800.00 compared to traditional financing.