Texas Water Development Board approves $3,800,000 in financial assistance to the City of Raymondville (Willacy County) to finance water system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN - (September 19, 2013) - The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $3,800,000 to the City of Raymondville (Willacy County) consisting of a $2,145,000 loan and $1,655,000 in loan forgiveness from the Drinking Water State Revolving Fund to finance water system improvements.
The City of Raymondville intends to use the funds to construct one public water supply well and a 2-million-gallon per day reverse osmosis treatment facility to address the need for additional water supplies for its customers.
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.