Texas Water Development Board approves $2,825,000 loan to the Greater Texoma Utility Authority on behalf OF the City of Krum to finance wastewater system improvements

For immediate release.  Contact: Kimberly Leggett at 512-463-5129

AUSTIN - (October 20, 2011) - The Texas Water Development Board (TWDB) today approved by resolution a $2,825,000 loan from the Clean Water State Revolving Fund to the Greater Texoma Utility Authority on behalf of the City of Krum (Denton County) to finance wastewater system improvements.

The City of Krum (City) currently has a lagoon wastewater treatment plant that serves part of its population. The Texas Commission on Environmental Quality is imposing higher permit limits that the lagoon treatment system will not be able to meet. The City proposes to use these funds to build a larger capacity activated-sludge wastewater treatment plant that will service existing customers, a portion of the City that is currently served by the City of Denton, and homes that utilize septic tanks.

The City is located in Denton County, northwest of the City of Denton. The City’s 2010 population was 4,157, and its utility system provides service to approximately 1,529 water connections and 1,457 sewer connections.

The Greater Texoma Utility Authority is a political subdivision that was legislatively created to assist cities with the development of water, sewer and solid waste facilities on a regional basis. The Authority provides services to 37 entities, primarily small cities, located in Collin, Cooke, Fannin, Denton and Grayson counties in northeast Texas.

The TWDB is the state agency charged with collecting and disseminating water-related data, assisting with regional planning and preparing the state water plan for the development of the state’s water resources. The TWDB administers cost-effective financial assistance programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.