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The Duncan Public Utilities Authority receives $4,800,000 wastewater system loan from OWRB

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April 16, 2024

Press Release

OKLAHOMA CITY –The Duncan Public Utilities Authority (Authority) received approval for a $4,800,000 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater infrastructure.  Construction of upgrades and improvements to the wastewater system will be financed by the Oklahoma Clean Water State Revolving Fund (CWSRF).

The Authority will use the proceeds for wastewater treatment plant improvements to include a new chlorination-dechlorination system, a new chemical building, and for repair or replacement of manholes and sewer lines. These improvements will address inflow and infiltration into the sewer collection system thereby reducing unintended flows to the wastewater treatment facility and preventing unpermitted discharges from wet weather. 

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,969,800 over the life of the 30-year loan compared to traditional financing. The CWSRF loan will be secured with a lien on the revenues of the Authority’s water, sewer, sanitation, and electrical systems. Public Works Director, Buddy Hokit, shared, “We appreciate the relationship with OWRB for the last several years and look forward to another great project.”