Alva to apply for state funds to replace water meters
• $1.7 million loan could have $800K to $1 million forgiven
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October 23, 2022
Allan Brooks
The Alva Utility Authority (AUA) is a trust that handles business involving Alva utilities, mainly water service. Part of that responsibility is overseeing the payback of any loans or bonds based on revenue from utility bills. The trustees of the AUA are the members of the city council.
Monday night, the Alva City Council addressed Resolution 2022-29 approving action taken by the AUA Resolution 2022-28 authorizing the issuance, sale and delivery of its Drinking Water SRF promissory note to the Oklahoma Water Resources Board (OWRB); ratifying and confirming a lease agreement and operation and m...
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