Texas Water Development Board approves $3,258,300 to the City of Euless (Tarrant County) for a reclaimed water project
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN – (March 1, 2018) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $3,258,300, consisting of a $2,785,000 loan and $473,300 in loan forgiveness, from the Clean Water State Revolving Fund to the City of Euless (Tarrant County). The City will use the assistance to finance construction costs associated with a reclaimed water project.
In addition to the loan forgiveness, the City could save approximately $487,000 on the loan portion by using the Clean Water State Revolving Fund.
With the assistance approved today, the City will be able to finance the construction and continued expansion of the Village Creek Reclaimed Water System. It will extend a reclaimed waterline along the Bear Creek Parkway and provide reclaimed irrigation services to approximately 16 commercial and multi-family residential customers. The project will also include the installation of approximately 27,000 linear feet of reclaimed water pipe in the distribution system. The TWDB previously funded more than $19 million for the first two phases of this project.
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.