Okmulgee Municipal Authority AgendaPacket Special Session 2026-06-12
Okmulgee Approves $4 Million SRF Loan from State Board
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Description
The Okmulgee Municipal Authority approved borrowing up to $4 million from the Oklahoma Water Resources Board through a Clean Water SRF Loan to finance wastewater system improvements, with maturity up to five years post-project. The action included formal note issuance and all related agreements.
Contract Details
Contract Amount
Not to exceed $4,000,000.00
Vendor
OKLAHOMA WATER RESOURCES BOARD
Agency
Okmulgee County, OK
Contract Type
FINANCIAL_SERVICES
Document Date
June 12, 2026
Contract Term
Final maturity not later than five years following projected completion of construction
Renewal Info
Maturity up to five years after construction; principal forgiveness possible per OWRB agreement.
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