Bond Programs
Lori Johnson,
Chief, Financial Assistance Division
OKLAHOMA CITY –The Rural Water District No. 3, Lincoln County, Oklahoma (District) received approval for $1,000,000 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 the OWRB American Rescue Plan Act (ARPA) grant program.
Rural Water District No. 3, Lincoln County, Oklahoma, is moving forward with a vital expansion of its water distribution system to accommodate increasing growth in the area. The project will include the construction of a new booster pump station, the installation of approximately 780 feet of 2-inch waterline, 5,300 feet of 3-inch waterline, 4,036 feet of 6-inch waterline, and 5,586 feet of 8-inch waterline, along with the addition of AMR meters. The estimated $1 million project will be fully funded through an ARPA grant, ensuring the system is prepared for future demand and improved service reliability.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the District’s customers will save an estimated $1,553,200.00 compared to traditional financing.