Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – The Carney Public Utilities Authority (Authority) in Lincoln 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 wastewater infrastructure.
The Carney Public Utilities Authority is working to bring its wastewater system into full compliance with Oklahoma Department of Environmental Quality (ODEQ) standards. The proposed project will focus on rehabilitating the wastewater system, including upgrades to outdated lines, manholes, and associated components necessary for completing the improvements. The estimated cost of the project is $99,999.00, which will be fully funded by the Oklahoma Water Resources Board (OWRB) through a REAP grant of
$99,999.00.
Lori Johnson, chief of the OWRB's Financial Assistance Division, calculated that the grant will save the Authority’s customers $188,600 in principal and interest charges by not having to borrow the project funds.