Texas Water Development Board approves $5,845,000 to the City of Farmersville (Collin County) for wastewater system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN – (July 27, 2017) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $5,845,000 from the Clean Water State Revolving Fund to the City of Farmersville (Collin County). The City will be able to finance wastewater system improvements with the assistance.
By using the Clean Water State Revolving Fund, the City could save approximately $811,000 over the life of the loan.
The City will use the assistance to finance the planning, acquisition, design, and construction costs associated with improvements at its wastewater treatment plant. The City will also be able to design a new wastewater treatment plant.
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.