Texas Water Development Board approves $1,804,000 in financial assistance to the City of Brady (McCulloch County) for a water treatment plant and distribution system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN – (March 26, 2015) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $1,804,000, consisting of a $902,000 loan and a $902,000 grant from the Economically Distressed Areas Program, to the City of Brady (McCulloch County). The assistance will finance the design phase of improvements to the City’s water treatment plant and distribution system.
The City could save approximately $1,245,035 over the life of the loan by using the Economically Distressed Areas Program.
The City is nearing completion of the planning phase of this project, also funded by the TWDB, and now needs funding to begin the design phase. The project will allow the City to treat groundwater, improve the surface water treatment plant, and distribute the treated water.
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.