Bond Programs
Lori Johnson, Chief, Financial Assistance Division
Oklahoma Water Resources Board
Oklahoma Water Resources Board
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OKLAHOMA CITY – The Taneha Utilities Authority (Authority) received approval for a $739,000 Sewer Overflow & Stormwater Reuse Municipal Grant (OSG) Tuesday through the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater infrastructure.
The Authority completed a master plan in 2021 to identify future improvements needed. The funds from this grant will be used to complete the planning and design for the railroad crossing project identified in the 2021 master plan. This project will include enhancing the capacity and rehabilitating or replacing select sanitary sewer segments.
Lori Johnson, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $1,124,300 in principal and interest charges by not having to borrow the project funds.