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 Waukomis (Town) received approval for $932,673 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Town’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 owns and operates a public water system which is in need of repair. These proceeds will be used to rehabilitate the water standpipes and install new yard piping, a new generator with an automatic transfer switch, and a chlorine bleach feed system.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Town’s customers will save an estimated $1,448,700 compared to traditional financing.