The Oklahoma Water Resources Board approved an $8 million low-interest loan Tuesday that will enable the City of Wagoner to enlarge its water treatment plant.
The announcement was issued by J.D. Strong, executive director of the state agency.
James Jennings, Mayor and Ken Hicks, City Attorney, attended the Water Board's regular monthly meeting to express support for the loan application.
The Wagoner Public Works Authority provides potable water to almost 3,400 customers, including Wagoner County Rural Water District #6. Raw water pumped from Fort Gibson Lake is processed at a 3 million-gallon per day, rapid sand filtration treatment plant.
Proceeds from the state loan will be used to expand the treatment plant to 4 mgd capacity. The project will include construction of a new process building; new clarifiers, filters and water pumps; a new chemical feed system; modifications to the residual lagoons; and rehabilitation of the raw-water intake lines.
Treated water is stored in a 177,000-gallon clear well and in four tanks that have a combined capacity of 1,225,000 gallons of potable water. The water is distributed to customers via a 75-mile network of pipes.
Joe Freeman, chief of the Water Board's Financial Assistance Division, calculated that the loan from the Drinking Water State Revolving Fund will save Wagoner utility customers $2.4 million in interest charges over the 20-year debt repayment period.
Freeman said the loan will be secured with a lien on Wagoner's utility revenues and perhaps a mortgage on the city's water and sewer systems.
Since 1983 the Water Resources Board has approved $3 billion in loans and grants for water and wastewater infrastructure improvements throughout Oklahoma.
"We thank state Sen. Kim David and state Rep. Wade Rousselot for their support of our financial assistance programs," Strong said.