Texas Water Development Board approves $9,335,00 to the Creedmoor-Maha Water Supply Corporation (Guadalupe, Hays, and Travis counties) for water system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN – (October 16, 2018) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $9,335,000 from the Drinking Water State Revolving Fund to the Creedmoor-Maha Water Supply Corporation (Guadalupe, Hays, and Travis counties). The Corporation will use the assistance to finance the planning, design, and construction costs associated with water system improvement projects.
The Corporation could save approximately $1,630,000 over the life of the loan by using the Drinking Water State Revolving Fund.
The assistance approved today will allow the Corporation to replace approximately 12 miles of pipeline and construct a new booster pump station. The Corporation will also create an asset management plan.
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.