Texas Water Development Board approves $2,125,000 to the Greater Texoma Utility Authority on behalf of the Lake Kiowa Special Utility District (Cooke County) for water system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN – (November 17, 2016) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $2,125,000 from the Drinking Water State Revolving Fund to the Greater Texoma Utility Authority on behalf of the Lake Kiowa Special Utility District (Cooke County). The District will use the assistance to finance water system improvements.
The District could save approximately $220,000 over the life of the loan by using the Drinking Water State Revolving Fund.
The assistance provided today will allow the District to finance the planning, design, and construction costs of improvements to the water distribution system. The project will help address the District’s 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.