Texas Water Development Board approves $5,445,839 to the City of San Marcos (Hays County) for reclaimed water system improvements
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AUSTIN – (January 26, 2017) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $5,445,839 consisting of a $4,760,000 loan and $685,839 in loan forgiveness, from the Clean Water State Revolving Fund to the City of San Marcos (Hays County). The City will use the assistance to finance reclaimed water system improvements.
The City could save approximately $700,000 over the life of the loan portion of the commitment by using the Clean Water State Revolving Fund.
The assistance provided today will allow the City to finance an extension of a reclaimed water transmission pipeline. In addition, the City proposes to construct a 500,000-gallon elevated storage tank and upgrade pumps at the reclaimed water pump station.
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.