Texas Water Development Board approves $15,080,000 to the Parker County Special Utility District (Parker and Palo Pinto counties) for water system improvements
For immediate release. Contact: Sarah Haney at 512-463-5129
AUSTIN – (March 28, 2019) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of a $15,080,000 loan from the Drinking Water State Revolving Fund to the Parker County Special Utility District (Parker and Palo Pinto counties). The District will use the assistance to finance planning, acquisition, design, and construction costs associated with water system improvements.
The District could save approximately $3.5 million by using the Drinking Water State Revolving Fund.
With the assistance approved today, the District will be able to make improvements at its water 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.