Texas Water Development Board approves a $175,000,000 loan to the San Jacinto River Authority to finance A water supply project
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN - (February 2, 2012) - The Texas Water Development Board (TWDB) today approved by resolution a $175,000,000 loan from the Texas Water Development Fund to the San Jacinto River Authority (Montgomery and Harris Counties) to finance construction of a water supply project.
Montgomery County (County) depends almost completely on the Gulf Coast Aquifer for its water supply. Because of declining aquifer levels and insufficient recharge rates, the aquifer cannot sustain continued use as the sole source of water. The Lone Star Groundwater Conservation District is requiring communities to develop an alternative source of potable water.
With these funds, the San Jacinto River Authority (Authority) will continue development and construction of an alternative water supply program for the County. The Authority will construct treated water pipelines and pumping stations and storage and install customer interconnections and a supervisory control and data acquisition (SCADA) unit for the planned regional system.
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.