$275M in bonds to finance highway projects, including start of US-81 bypass in Chickasha

Southwest Ledger  By Mike W. Ray May 13, 2025

OKLAHOMA CITY – The Oklahoma Capitol Improvement Authority (OCIA) took official action recently with financing a $275 million infrastructure package, in partnership with the Oklahoma Department of Transportation (ODOT), that includes a long-awaited Chickasha project.

Approved earlier this year by the OCIA Board as authorized by the Legislature, the bond financing will fund major transportation improvements across the state, such as upgrades to the Roosevelt Bridge over Lake Texoma, widening Interstate 35 from south of Purcell to Ardmore, and a truck bypass on US-81 in Chickasha.

“This is a strong example of careful and responsible financial management,” said State Treasurer Todd Russ. “Upgrades and maintenance can be painful but they are extremely vital. By acting at the right time in the bond market, we are securing the best possible rates to finance important transportation upgrades that will benefit Oklahoma families and businesses for years to come.”

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