Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY –The Fort Cobb Reservoir Master Conservancy District (District) received approval for $1,409,648 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the District’s system infrastructure. Improvements to the system will be financed by the Oklahoma American Rescue Plan Act (ARPA) grant program.
These proceeds will be used to purchase two generators; one to operate a sleeve valve and the other to support the system's SCADA operation in the event of power loss. Additionally, there are numerous construction projects which will be implemented throughout the District.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the District’s customers will save an estimated $2,182,900 compared to traditional financing.
