Texas Water Development Board approves $5,498,005 to the City of Wimberley (Hays County) for wastewater system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN - (April 11, 2016) - The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $5,498,005, consisting of a $5,255,000 loan and $243,005 in loan forgiveness, from the Clean Water State Revolving Fund to the City of Wimberley (Hays County). The City will be able to finance construction costs associated with wastewater system improvements.
In addition to the savings from the loan forgiveness, the City could save approximately $1,400,000 over the life of the loan by using the Clean Water State Revolving Fund.
With the assistance approved today, the City will be able to construct a collection system in the City’s central business district and surrounding area. In addition, the City will be able to upgrade and expand its existing wastewater treatment plant from 15,000 gallons per day to 75,000 gallons per day. When complete, the wastewater treatment plant will be able to provide service to approximately 170 connections. The TWDB previously committed $650,000 in financial assistance for the planning and design phases of this project.
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.