Texas Water Development Board approves $15,500,000 to the Brazosport Water Authority (Brazoria County) for water system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN - (August 13, 2014) - The Texas Water Development Board (TWDB) today approved by resolution a loan in the amount of $15,500,000 from the Drinking Water State Revolving Fund to the Brazosport Water Authority (Brazoria County). The assistance will allow the Authority to finance water system improvements.
The Authority could save approximately $2,266,000 over the life of the loan by using the Drinking Water State Revolving Fund.
The assistance provided by TWDB will allow the Authority to expand its water treatment storage capacity by designing and constructing a 10 million gallon clearwell and a high service pump station. In addition, the Authority will be able to construct a new maintenance building and conduct electrical and yard piping improvements. The Authority serves more than 87,000 people.
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.