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Press Release
November 16, 2016

Oklahoma City Water Utilities Trust Receives $57,300,000 Water System Funding from OWRB

The Oklahoma City Water Utilities Trust (Trust) received approval for $57,300,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Trust’s water infrastructure. Construction of upgrades and improvements to the water system will be financed by the Oklahoma Drinking Water State Revolving Fund (DWSRF).

The Trust will utilize the proceeds to construct multiple water system and water treatment plant improvement projects including: replacement of surge tanks on the Atoka pipeline; improvements to the pump station, intake screen and solids handling system at Draper Water Treatment Plant; improvements to the Hefner electrical loop; and for replacement of 6-inch and 8-inch waterline on Southwest 44th St. to Southwest 47th St. from Western Ave. to Walker Ave. The various projects will benefit Oklahoma City residents' and businesses' water supply, water quality, and public health while insuring compliance with the Oklahoma Department of Environmental Quality's (ODEQ) operational standards for water distribution system pressure.

Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Trust’s customers will save a little over an excess of a $1,0000,000. The DWSRF loan will be secured with a lien on Oklahoma City’s water and sewer system revenues. Trust officials attending the OWRB’s monthly meeting in support of the loan application included: Chris Browning, General Manager and Utilities Director; Bret Weingart, Assistant Director; Sam Samandi, Engineering Manager; and Billy Little, Finance Manager.

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 $1.0 billion 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 $3.4 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.

Julie Cunningham, Interim Executive Director of the OWRB, and Scott Thompson, Executive Director of the ODEQ, express their sincere appreciation to Oklahoma City’s legislative delegation for their support of the DWSRF program.


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