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In this work, a model of a waste water treatment plant is investigated. The model is described by a nonlinear system of two differential equations with one bounded control. An optimal control problem of minimizing concentration of the polluted water at the terminal time T is stated and solved analytically with the use of the Pontryagin Maximum Principle. Dependence of the optimal solution on the initial conditions is established. Computer simulations of a model of an industrial waste water treatment plant show the advantage of using our optimal strategy. Possible applications are discussed.