Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – The Midwest City Municipal Authority (Authority) received approval for $219,000 in funding with 100% principal forgiveness 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 will use the funding to connect 32 homes in the Starview neighborhood to Midwest City's water distribution system. The project involves removing the homes from the Starview Public Water Supply and linking them to existing waterlines, eliminating the Starview Public Water Supply and providing residents with a reliable and safe drinking water source.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $346,600 compared to traditional financing.