Texas Water Development Board approves a $3,669,850 loan to Lake Livingston Water Supply and Sewer Service Corporation to finance water system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN - (January 31, 2013) - The Texas Water Development Board (TWDB) today approved by resolution the amount of $3,669,850 to Lake Livingston Water Supply and Sewer Service Corporation (Polk, San Jacinto, Liberty, Hardin, Trinity, Walker and Tyler Counties) consisting of a loan in the amount of $3,130,000 and $539,850 in loan forgiveness from the Drinking Water State Revolving Fund to finance water system improvements.
The Lake Livingston Water Supply and Sewer Service Corporation intends to use the funds to replace approximately 5,900 water meters with automatic meter reader systems to reduce apparent water loss and to improve the reliability of its system mapping.
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.