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Press Release
November 16, 2016

Del City Municipal Services Authority Receives $21,000,000 Wastewater System Loan from OWRB

The Del City Municipal Services Authority (Authority) received approval for a $21,000,000 loan Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Authority’s wastewater infrastructure. Construction of upgrades and improvements to the wastewater system will be financed by the Oklahoma Clean Water State Revolving Fund (CWSRF).

The Authority will utilize the proceeds to refinance a portion of a planning and design bank loan and to rehabilate their existing wastewater treatment facility. The project will replace aging components at the facility and provide upgrades to the sequential batch reactor and disinfection system. Some of the treatment processes are original and are beginning to fail which can result in decreased water quality to the receiving stream. Upgrades to the wastewater treatment facility will improve the capabilities and reliability of the system to treat the wastewater to a level required by the Authority’s Oklahoma Pollution Discharge Elimination System (OPDES) permit.

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Authority’s customers will save an estimated $3,443,000 over the life of the 20-year loan, compared to traditional financing. The CWSRF loan will be secured with a 0.90% sales tax and a lien on water and sewer revenues. The City of Del City official attending the OWRB’s monthly meeting in support of the loan application included Mark Edwards, City 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 Jack Fry and Representative Scott Inman, for their support of our financial assistance programs,” said Julie Cunningham, Interim Executive Director of the OWRB.

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