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Your Update from Ron Hays of RON
Monday, January 4, 2021
OWRB approves $205 million for Kaw Lake Water Supply funds & Several other Community Projects
The Enid Municipal Authority (Authority) received approval for $205,000,000 in funding from the Oklahoma Water Resources Board (OWRB), through its contract with the Oklahoma Department of Environmental Quality (DEQ), to improve the Authority’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 Authority will use the funds of this loan in combination with three previously approved OWRB loans to fund the city’s “Kaw Lake Water Supply Project.” This project will provide raw water from Kaw Lake to Enid’s new 10.5 million gallon a day water treatment plant via a raw water intake structure constructed at Kaw Lake, a booster pump station, and approximately seventy miles of transmission line. This project will provide another source of water for the Authority to improve resiliency during drought and ensure that the surface water is treated to meet federal drinking water standards.
Joe Freeman, chief of the OWRB’s Financial Assistance Division calculated that the Authority’s customers will save an estimated $9,320,000 over the life of the 30-year loan compared to traditional financing. The DWSRF loan will be secured with a lien on the revenues of the Authority’s water, sewer, and sanitation systems and a two cent sales tax.

Enid’s City Manager, Jerald Gilbert, said, “This was a long term project collaboration of many people. It started in about 2015 with an initial study and is needed for the long term future of our city. We appreciate what OWRB and DEQ has done for Enid and other communities.”
Joe Freeman commented, “This loan approval is historic to OWRB as the broadest scope of project in geographic size and as the single largest loan in history of the Board. The Kaw Lake Water Supply Project has required the cooperation of numerous entities and individuals over several years, but most of all the great staff and leadership of the city of Enid.”

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