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Texas Water Development Board approves $62,825,000 to the City of Fort Worth (Tarrant County) for wastewater system improvements

For immediate release. Contact: Lauren Munguia at 512-463-5129

AUSTIN – (January 16, 2020) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of a $62,825,000 loan from the Clean Water State Revolving Fund to the City of Fort Worth (Tarrant County). The City will use the assistance to finance planning, design, and construction costs associated with wastewater system improvements.

The City could save approximately $8 million over the life of the loan by using the Clean Water State Revolving Fund.

With the assistance approved today, the City will construct a new biosolids processing facility at the Village Creek Water Reclamation Facility.

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.