Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – The Pawnee Public Works Authority (Authority) received approval for $800,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s water metering infrastructure. Upgrades to the system will be financed by a 100% principal forgiveness loan through the Oklahoma Drinking Water State Revolving Fund (DWSRF).
The Authority will utilize the proceeds to replace 970 water meters with advanced metering infrastucture (AMI) readers. This project helps to meet Oklahoma’s Water for 2060 goals by focusing on water conservation and efficiency and reducing unintended flows to the wastewater treatment plant.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,240,200 compared to traditional financing.