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Seminole council authorizes borrowing to install automated water meters
Summary
The Seminole City Council approved Resolution 2026-02 authorizing the municipal authority to incur indebtedness to install automated meter infrastructure (AMI). Staff said an $800,000 forgivable loan is available and annual payments are estimated between $67,000–$85,000 depending on additional funding.
The Seminole City Council voted to allow the Municipal Authority to incur debt to install an automated meter infrastructure system for the city’s water utility.
City staff explained the financing plan during the council meeting. The presentation said the city is “getting an $800,000 forgivable loan from the [Oklahoma Water Resources Board],” and that the city is also in line to pursue an…
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