Bond Programs
Lori Johnson,
Chief, Financial Assistance Division
OKLAHOMA CITY – The McIntosh County Rural Water District No. 13 (District) received approval for $800,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the District’s water infrastructure. Construction of upgrades and improvements to the water system will be financed by a 100% principal forgiveness loan through the Oklahoma Drinking Water State Revolving Fund (DWSRF).
The District will utilize these proceeds to replace water meters with a remote meter reading system, install generators and auto transfer switches at the water plant and at the Carson booster pump station, make improvements to the water plant’s clear well, to two standpipes and two storage tanks. These improvements will reduce water loss by more accurately measuring water sold to system customers and safeguard water quality through upgrades at the clear well and storage tanks in the distribution system.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the District’s customers will save an estimated $1,219,700 compared to traditional financing.