Texas Water Development Board approves $8,349,567 to the City of McAllen (Hidalgo County) for 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 $8,349,567, consisting of a $7,110,000 loan and $1,239,567 in loan forgiveness, from the Clean Water State Revolving Fund to the City of McAllen (Hidalgo County). The City will be able to finance the construction costs associated with wastewater system improvements.
In addition to the savings from the loan forgiveness, the City could save approximately $1,900,000 over the life of the loan by using the Clean Water State Revolving Fund.
The City will be able to complete improvements to its North Wastewater Treatment Plant with the assistance approved today. The project includes improvements to the plant to make it capable of producing and storing Type I reclaimed water as well as construction of approximately seven miles of reclaimed water transmission lines. The project will help the City diversify its water supply portfolio by providing reclaimed water to multiple sites.
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.