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The Edmond Public Works Authority Receives $9,335,000 Water System Funding from the OWRB

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December 17, 2024

Press Release

The Edmond Public Works Authority Receives $9,335,000 Water System Funding from the OWRB

OKLAHOMA CITY – The Edmond Public Works Authority (Authority) received approval for $9,335,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s Water infrastructure. Construction of upgrades and improvements to the water system will be financed by the Oklahoma Drinking Water State Revolving Fund (DWSRF). The Authority is moving forward with a critical infrastructure project to enhance its water distribution system. This project involves the construction of approximately 10,000 linear feet of 24-inch ductile iron pipe, 135 linear feet of 18-inch ductile iron pipe, and additional segments of 12-inch, 8-inch, and 6-inch 
polyvinyl chloride (PVC) pipe along 33rd Street westward from I-35. These upgrades, including all necessary appurtenances, will improve water quality and reliability for residents and businesses in the area.

Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,887,800 over the life of the 30-year loan compared to traditional financing. The DWSRF loan will be secured with a lien on the revenues of the Authority’s water, sewer, sanitation, and electric systems, and a 2-cents sales tax.