Claremore secures $29.6 million loan for water, wastewater and stormwater upgrades
The Oklahoma Water Resources Board approved a $29.6 million Financial Assistance Program loan for a broad Claremore utility modernization program.
The Oklahoma Water Resources Board approved a $29.6 million Financial Assistance Program loan for the Claremore Public Works Authority on October 20, according to an agency announcement issued October 22. The financing supports a broad modernization program spanning the city’s water, wastewater and stormwater systems.
Planned water work includes design for replacement or relocation of the roughly 90-year-old raw-water intake at Claremore Lake and phased replacement of aging cast-iron mains across the city’s 130-mile distribution network. The authority also plans wastewater collection improvements and stormwater work as part of the same program. The loan amount is financing for the program and should not be treated as an independently verified total project cost beyond the scope described by the board.
The approval gives Claremore a state-backed financing path for multiple utility assets rather than a single construction package. Procurement schedules, contractors and construction dates were not identified in the announcement, so those delivery details remain to be confirmed as the authority advances design and implementation.
Official source: Oklahoma Water Resources Board (announcement dated October 22, 2026; source checked October 25, 2026).