TWDB Approved Financial Assistance Totaling $16.8M for Water and Wastewater System Projects
AUSTIN, TX The Texas Water Development Board (TWDB) approves financial assistance totaling $16,800,000 for water and wastewater systems. Of this funding, $6.3 million was designated for rural projects.
$6.3 Million to the City of Blanco (Blanco County) for Water and Wastewater System Improvements
The TWDB approved by resolution financial assistance in the amount of $6.3 million, consisting of a $3,150,000 loan from the Drinking Water State Revolving Fund (DWSRF) and a $3,150,000 million loan from the Clean Water State Revolving Fund (CWSRF), to the city of Blanco, Texas. The city will be able to finance water and wastewater system improvements with the assistance.
The financial assistance approved could save the city approximately $1.4 million over the life of the loans.
The assistance provided by the DWSRF will allow the City to finance the planning and construction costs associated with improvements at its water treatment plant facilities. The city will be able to finance the planning and construction phases of a 225,000-gallon-per-day wastewater treatment plant with the CWSRF funding.
$10.5 million to the City of San Antonio (Bexar County) for water system improvements
The TWDB approved by resolution financial assistance in the amount of $10.5 million from the Drinking Water State Revolving Fund to the city San Antonio, Texas, (Bexar County), acting by and through the San Antonio Water System (SAWS). The city will use the assistance to finance construction costs associated with water system improvements.
The city could save approximately $1.8 million over the life of the loan by using the Drinking Water State Revolving Fund. The city will be able to replace electrical systems, piping, and valves and make other necessary improvements at SAWS' Zarzamora Pump Station with the assistance.