HUGO, OK - City leaders in Hugo are considering selling water to Irving, Texas. The water would come from Hugo Lake.
City officials say they can take about 30-million gallons of water per day, but are only using about 1.5 million gallons a day.
The money earned could help pay for a $2 million debt the city owes to the Army Corps of Engineers.
"But at some point we're going to start paying off the debt to the Corps of Engineers. By achieving this it would allow us to do that and not settle our grandchildren with this debt down the road."
A statewide moratorium prohibiting selling Oklahoma water out of state is set to expire next year. Once that happens, Hugo City Manager David Rawls says they plan to move forward with the sale.