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The Wynnewood City Utilities Authority Receives $1,500,000 Wastewater System Loan from OWRB

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July 16, 2024

Press Release

OKLAHOMA CITY – The Wynnewood City Utilities Authority (Authority) received approval for a $1,500,000 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s Wastewater infrastructure. Planning and Design of the 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 is in need of improvement. The proceeds will be used for the planning, design, and engineering to evaluate a new sanitary sewer treatment plant or rehabilitation of the existing plant. Proposed improvements would address deficiencies and help improve discharge to the Washita River.

Joe Freeman, Chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,929,100.00 compared to traditional financing.