Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY –The City of Coweta (City) received approval for $128,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the City’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 along with $128,000 from the Muscogee Creek Nation.
The City of Coweta is addressing the increased water demand from a new development by upgrading its existing water distribution system. The current 8-inch water main in the area is insufficient to support the new flow requirements once the development is complete. The proposed project involves upgrading approximately 1,900 linear feet of the 8-inch water main to a 12-inch water main, along with all necessary appurtenances to complete the work. The estimated cost of the project is $256,000.00, with funding provided by theOWRB ARPA grant for $128,000.00 and an additional $128,000.00 from the Muscogee Creek Nation.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the City’s customers will save an estimated $216,000.00 compared to traditional financing.