About

Press Release

Get Issuer Alerts

Add this issuer to your watchlist to get alerts about important updates.

The Wayne Public Works Authority Receives $99,999 REAP Grant for Water System Improvements from the OWRB

View all

December 17, 2024

Press Release

The Wayne Public Works Authority Receives $99,999 REAP Grant for Water System Improvements from the OWRB

OKLAHOMA CITY – The Wayne Public Works Authority (Authority) in McClain County received approval for a $99,999 Rural Economic Action Plan (REAP) grant Tuesday through the Oklahoma Water Resources Board (OWRB) to improve the Authority’s Water infrastructure.

The Wayne Public Works Authority owns and operates a water treatment plant, with distribution storage consisting of two standpipes and an elevated storage tank. Currently, the elevated tank is out of service, and both the West and East standpipes require repairs. To address these challenges, the Authority is proposing a project to repair, rehabilitate, and repaint the West tower, along with necessary appurtenances. The total cost of the project is $449,999, with funding provided by an OWRB REAP grant of $99,999 and $350,000 from McClain County ARPA funds. This project will enhance the reliability of the water system and ensure compliance with state regulations. 

Lori Johnson, chief of the OWRB's Financial Assistance Division, calculated that the OWRB REAP grant will save the Authority’s customers $169,700 in principal and interest charges by not having to borrow the project funds.