WSP03323

• File Number: 8112.600
• Description: Arkansas White Red Basins Interagency Committee - AWRBIAC
• Basin: Arkansas
• Water Division: 2
• Date: 1/1/1992
• Author: AWRBIAC
• Title: AWRBIAC Annual Report 1990 - 1991
• Water Supply Pro - Doc Type: Annual Report

o
,-,
.l::a
o
-.1'
00

,

S-Minute Activity Report .
U7th Meeting of AWRBIAC
Page 5

.Data collection has been completed for the 10-year update of the hydrogeologic
investigation of the North Fork of the Red River and Red River Alluvium and Terrace
Aquifer in Tillman County, Oklahoma. The 10-year update will detennine if conditions
have changed significantly enough to warrant an adjustment in the maximum annual yield
for the basin. A report on the updated hydrogeologic investigation should be available in
late 1991. The lO-year update of the North Fork of the Red River Alluvium and Terrace
Aquifer in Beckham, Greer, Kiowa and Jackson Counties was started in 1991. Data
collection is scheduled to last for one year, with modeling and a report due to be completed
in late 1992.

Parker Reservoir Profect

The Parker Lake Project was authorized for construction by the Water Resources
Development Act of 1986. A Corps project proposed on Muddy Boggy Creek in
southeastern Oklahoma, it will provide water supply to entities in central and southeastern
sections of the State. The OWRB has pledged to pay the non-federal cost-share for flood
control pending commitments from local sponsors to pay for the water supply portion of the
project. The OWRB is in the process of meeting individually with potential non-federal
sponsors to discuss cost estimates and financing alternatives.

'.

Water Resources Financmr

The Oklahoma State Legislature created the "Wastewater Facility Construction Revolving
Loan Account" in 1988 to comply with requirements for implementing EPA's State
Revolving Fund Program. The State of Oklahoma is utilizing its existing Financial
. Assistance Program administered by the OWRB to handle the financing end of the new
program, along with the staff of the state health department, who review plans and
specifications and prioritized applications for funding.

Under Oklahoma's SRF program, federal funds along with the State match will be used to
provide below market interest rate loans for wastewater project construction. Below market
interest rates will be necessary to offset the additional costs of meeting EP A's Title II and
VI requirements.

To date, the State has received three capitalization grants from the EPA, which were
matched by funds provided from the Statewide Water Development Revolving Fund. The
first SRF Program loan was closed with the Tulsa Metropolitan Utility Authority (lMUA)
on August 16, 1990, in the amount of $11,100,000.00 at an SRF program rate of 4.75%.
This SRF loan will help finance TMUA's construction of the West Bank Interceptor Sewage
Project. A second TMUA loan for $15,559,500.00 is anticipated for closing in July of 1991.