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Press Release
September 15, 2015

Ada Public Works Authority Receives $26,000,000 Water System Loan from OWRB

The Ada Public Works Authority (Authority) received approval for a $26,000,000 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the community’s water infrastructure. Construction of upgrades and improvements to the Authority's water system will be financed by the Oklahoma Drinking Water State Revolving Fund (DWSRF).

The Authority will use the loan proceeds for improvements and rehabilitation of two existing water wells, replacement of a transmission line from Byrd’s Mill Spring to the Ada water treatment plant, installation of a treated water line parallel to the new transmission line, rehabilitation of the Byrd’s Mill Spring water storage facility, improvements to the water treatment plant, and replacement of a water storage tank.

The project will provide specific water quality and public health benefits for residents and businesses in and near Ada. The Authority is also reducing water loss by addressing aging infrastructure and providing greater energy and water efficiency. Overall, the project is helping to preserve the Arbuckle Simpson Aquifer.

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority's customers will save an estimated $10,925,000, over the life of the 30-year loan, compared to traditional financing. The DWSRF loan shall be secured with a lien on the revenues of the Authority's water, sewer, and sanitation systems. The local officials attending the OWRB’s monthly meeting in support of the loan application included Cody Holcomb, City Manager, and Gary Kinder, City Engineer.

The DWSRF program is administered by the OWRB and the Oklahoma Department of Environmental Quality (ODEQ) with partial funding from the U.S. Environmental Protection Agency (EPA). The DWSRF program has provided approximately $916 million in drinking water loans to provide communities the resources necessary to maintain and improve the infrastructure that protects our valuable water resources statewide.

Since 1983, the Oklahoma Water Resources Board has approved over $3.2 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.

J.D. Strong, executive director of the OWRB, and Scott Thompson, executive director of the ODEQ, express their sincere appreciation to State Senator Susan Paddack and State Representative Todd Thomsen for their support of the DWSRF program.

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