Oklahoma Water Resources Board
OKLAHOMA CITY –The Town of Kenefic (Town) received approval for $600,000 in funding Tuesday from the Oklahoma Water Resources Board (OWRB) to improve the Town’s water infrastructure. Construction of upgrades and improvements to the water system will be financed by the Oklahoma American Rescue Plan Act (ARPA) grant program.
The Town operates a water distribution system consisting of two active wells and a standpipe. One of the wells is inoperable and the Town is supplementing its emergency water supply from a nearby rural water district. These proceeds will be used to drill a new water well and for construction of a new waterline to the standpipe.
Joe Freeman, chief of the OWRB’s Financial Assistance Division, calculated that the Town’s customers will save an estimated $992,800 compared to traditional financing.
The ARPA grant program is administered by the OWRB with funding from the U.S. Department of the Treasury and appropriated through the Water and Wastewater American Rescue Plan Act grants program. This OWRB program has been structured to provide communities and other eligible entities financial resources necessary to address water and wastewater infrastructure needs within their systems. Since 1983 the Water Resources Board has approved over $6.9 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.
“We are grateful to State Senator David Bullard and State Representative Justin Humphrey for their continued support of our financial assistance programs,” said Julie Cunningham, Executive Director of the OWRB.