Texas Water Development Board approves $3,500,000 in financial assistance to the City of Castroville (Medina County) for waterline replacements
For immediate release. Contact: Sarah Haney at 512-463-5129
AUSTIN – (March 26, 2015) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $3,500,000 from the Drinking Water State Revolving Fund to the City of Castroville (Medina County). The City will be able to finance the construction costs associated with replacing waterlines.
The City could save approximately $415,000 over the life of the loan by using the Drinking Water State Revolving Fund.
The City plans to replace approximately 29,400 feet of waterlines. The new waterlines will improve circulation and reduce water loss.
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.