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Shauny Municipal Authority approves up to $4.25 million Clean Water SRF loan to expand waterline work
Summary
The Shauny Municipal Authority authorized a Clean Water SRF loan application not to exceed $4.25 million and related documents to expand waterline replacement projects, noting some loan forgiveness is available under OWRB rules; the city commission later ratified the action.
The Shauny Municipal Authority approved resolution language and related documents to apply for a Clean Water State Revolving Fund (SRF) loan from the Oklahoma Water Resources Board with aggregate principal not to exceed $4.25 million, enabling the city to expand planned waterline replacement projects.
Staff and the city's financial advisers…
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