Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY –The City of Sallisaw (City) received approval for $626,461 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the City’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 along with $652,031.70 in local funds.
The City owns and operates a water distribution system (System) with a dead end waterline. This creates the need for increased line flushing and decreases system effeciency. These proceeds will be used to add approximately 10,480 linear feet of 12-inch waterline for system looping.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the City’s customers will save an estimated $974,900 compared to traditional financing.