About

Press Release

Okmulgee Municipal Authority Receives $352,500 Wastewater System Loan from OWRB

View All News & Events

July 16, 2024

Press Release

OKLAHOMA CITY – The Okmulgee Municipal Authority (Authority) received approval for a $352,500 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater infrastructure. The planning and design for improvements to the wastewater system will be financed by a 100% principal forgiveness loan through the Oklahoma Clean Water State Revolving Fund (CWSRF).

The Authority’s wastewater treatment facility requires improvements. The proceeds will be used for the planning, design, and engineering of a flow equalization basin for the wastewater treatment facility. This project will help to develop solutions for sewer overflows during heavy rain events to ensure proper treatment before discharging to Okmulgee Creek.

Joe Freeman, Chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $452,400 compared to traditional financing.