Texas Water Development Board approves $3,793,916 in financial assistance to the City of Rio Hondo (Cameron 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 $3,793,916 to the City of Rio Hondo (Cameron County) consisting of a $1,278,000 loan and $2,515,916 in loan forgiveness from the Drinking Water State Revolving Fund to finance water system improvements.
The City of Rio Hondo intends to use the funds to purchase pushwater, install a 22,000-linear-foot emergency interconnect, and rehabilitate one existing elevated and one existing round storage tank.
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.