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Press Release
October 21, 2015

Lexington Public Works Authority Receives $3,091,500 Wastewater System Loan from OWRB

The Lexington Public Works Authority (Authority) received approval for a $3,091,500 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater system. Installation of upgrades and improvements to the Authority's system will be financed by the Oklahoma Clean Water State Revolving Fund (CWSRF) loan program.

The Authority will utilize the loan proceeds to construct a new wastewater treatment plant that incorporates upgraded technology to treat wastewater. They also plan to rehabilitate and repurpose one of the system's two existing aeration basins, as well as the emergency holding pond, into a two-cell Flow Equalization Basin (FEB). The other aeration basin will be used as a stabilized sludge holding basin. This project focuses on water quality by helping the Authority maintain its compliance with current permit requirements, construction standards, and water quality standards.

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority's customers will save an estimated $1,624,000, over the life of the 30-year loan, compared to traditional financing. The CWSRF loan shall be secured by with a lien on the revenues of the Authority’s water, sewer, and sanitation systems. Local officials attending the OWRB’s monthly meeting in support of the loan application included Mayor David Adams and David Wyatt, City Engineer.

The CWSRF program is administered by the OWRB with partial funding from the U.S. Environmental Protection Agency (EPA). The CWSRF program has approved approximately $1.3 billion in 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 $3.3 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.

J.D. Strong, executive director of the OWRB, expressed his sincere appreciation to State Senator John Sparks and State Representative Bobby Cleveland for their support of the CWSRF program.

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