Texas Water Development Board approves $1,355,000 to the Red Creek Municipal Utility District (Tom Green County) for water system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN – (November 12, 2018) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $1,355,000 from the Drinking Water State Revolving Fund (DWSRF) to the Red Creek Municipal Utility District (Tom Green County). The District will use the assistance to finance the planning, design, and construction costs associated with water system improvements.
The District could save approximately $197,000 over the life of the loan by using the DWSRF.
With the assistance approved today, the District will be able to replace approximately 29,000 linear feet of pipeline and install a backup generator at its Bristow Water 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.