Texas Water Development Board approves $283,700 in financial assistance to the City of Honey Grove to finance water system improvements

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

AUSTIN - (October 17, 2012) The Texas Water Development Board (TWDB) today approved by resolution the amount of $283,700 to the City of Honey Grove (Fannin County) consisting of a loan in the amount of $200,000 and $83,700 in loan forgiveness from the Drinking Water State Revolving Fund to finance water system improvements.

The City of Honey Grove intends to use the funds to rehabilitate several aging and undersized lines that do not currently meet capacity and pressure requirements. New lines will also be installed to loop the system in some areas.

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.