Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY –The Salina Public Works Authority (Authority) received approval for $950,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) with 100% principal forgiveness 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 will utilize the proceeds to complete the construction of the Blue Goose and Pine Crest booster pump stations. This project will significantly improve water pressure and reliability for residents and businesses in the community. These upgrades will ensure the water system can meet current and future demands, enhancing the quality of life and supporting local growth.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,446,500 compared to traditional financing.