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Press Release
September 20, 2016

Porum Public Works Authority Receives $780,000 Water Efficiency Loan from OWRB

The Porum Public Works Authority (Authority) received approval for a $780,000 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s water infrastructure.  Construction of improvements to the water system will be financed by the Oklahoma Clean Water State Revolving Fund (CWSRF) program. 

The Authority owns and maintains a water distribution system serving approximately 2,010 meters. The system is experiencing water loss which can partially be attributed to the 20 to 25 year old existing water meters. To help reduce water loss occuring within the system, the Authority is proposing to replace their existing water meters with drive-by Automated Meter Reading (AMR) meters. The proposed project will include the replacement of all existing active meters with new AMR meters including the purchase of the  equipment and software needed for intreprtation of the AMR data. The estimated total project cost is $780,000. Additionally, installation of AMR’s could lead to increased water supply reliability because the Authority has a better understanding of any potential system vulnerabilities.  The project will help meet the statewide Water for 2060 goals.   

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority will save an estimated $67,000 over the life of the 10-year loan, compared to traditional financing.  The CWSRF loan will be secured with a lien on the revenues of the Authority’s water and sewer systems.   The Authority’s officials attending the OWRB’s monthly meeting in support of the loan application included Jimmy Robinson, Superintendent and Sissy Swafford, Office Manager.

The CWSRF program is administered by the Oklahoma Water Resources Board with partial funding from the U.S. Environmental Protection Agency (EPA).  Oklahoma utilizes the CWSRF 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 $3.4 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.

“We are grateful to State Senator Roger Thompson and Representative Ed Cannaday for their support of our financial assistance programs,” said J.D. Strong, executive director of the OWRB.

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Contact:
Joe Freeman
Oklahoma Water Resources Board
(405) 530-8800
Joe.Freeman@owrb.ok.gov


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