Texas Water Development Board approves $12,770,433 to the City of Weatherford (Parker County) for a reclaimed water system
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN – (June 1, 2016) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $12,770,433, consisting of a $11,220,000 loan and $1,550,433 in loan forgiveness, from the Clean Water State Revolving Fund to the City of Weatherford (Parker County). The City will be able to finance the design, acquisition, and construction phases of a reclaimed water system.
In addition to the savings from the loan forgiveness, the City could save approximately $1,280,000 over the life of the loan by using the Clean Water State Revolving Fund.
The project includes improvements to the City's wastewater treatment plant, as well as financing of a reuse water pump station, a reuse water line, and an outfall structure.
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.