Texas Water Development Board approves $850,000 in loans to the City of Bronte to finance water system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN - (May 15, 2012) - The Texas Water Development Board (TWDB) today approved by resolution loans in the amount of $850,000 to the City of Bronte (Coke County), consisting of a loan in the amount of $595,000 and $255,000 in loan forgiveness from the Drinking Water State Revolving Fund to finance planning and design costs for water system improvements.
The 2011 drought severely affected Coke County, and regional efforts are needed to ensure area communities have reliable water supplies. Additionally, Oak Creek Reservoir residents are requesting the City consider serving their area. The City of Bronte proposes to make needed improvements to the City’s system and allow for any further improvements to support the needs of neighboring communities.
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.