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Council OKs $2.5 million to verify lead service lines; 50% is loan forgiveness, city says
Summary
Council authorized the Oklahoma City Water Utilities Trust to accept $2.5 million from the Oklahoma Water Resources Board to field-verify potential lead service lines and continue a multi-phase replacement program. About half of the award is loan forgiveness and the remainder carries 0% interest, staff said.
The council unanimously approved a resolution authorizing the Oklahoma City Water Utilities Trust to incur indebtedness in the amount of $2,500,000 from the Oklahoma Water Resources Board (OWRB) to fund a second phase of field verification of potential lead service lines.
Chris Browning, director of Oklahoma City Water Utilities, explained the program and why the city sought the funding. “Out of our 254,000 service locations, we…
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