Texas Water Development Board approves $5,260,000 to the City of Jefferson (Marion County) for water and wastewater system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN – (June 14, 2016) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $5,260,000, consisting of a $2,600,000 loan from the Drinking Water State Revolving Fund, a $1,630,000 loan from the Clean Water State Revolving Fund, and a $1,030,000 loan from the Texas Water Development Fund, to the City of Jefferson (Marion County). The City will be able to finance the design and construction costs associated with water and wastewater system improvements.
The City could save approximately $538,000 over the life of the loan by using the Drinking and Clean Water State Revolving Funds and the Texas Water Development Fund.
With the assistance approved today, the City will be able to replace approximately 23,500 feet of water distribution lines, 11,000 feet of wastewater collection lines, and 4,300 feet of a water transmission main. In addition, the City will use the financial assistance to decommission an old wastewater treatment plant. The City completed a new wastewater treatment plant in 2007.
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.