Texas Water Development Board approves $130,000 in financial assistance to the Lake Palo Pinto Water Supply Corporation 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 a loan in the amount of $130,000 to the Lake Palo Pinto Water Supply Corporation (Palo Pinto County) from the Drinking Water State Revolving Fund to finance water system improvements.

The Lake Palo Pinto Water Supply Corporation intends to use the funds to expand its existing water treatment plant.

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.