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Texas Water Development Board approves $27,440,000 to the City of Rockdale (Milam County) for water and wastewater system improvements

For immediate release. Contact: Sarah Haney at 512-463-5129

AUSTIN – (February 27, 2020) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $27,440,000, consisting of a $15,715,000 loan and $500,000 in loan forgiveness from the Drinking Water State Revolving Fund (DWSRF) and a $10,825,000 loan and $400,000 in loan forgiveness from the Clean Water State Revolving Fund (CWSRF), to the City of Rockdale (Milam County). The City will use the assistance to finance planning, acquisition, design, and construction costs associated with water and wastewater system improvements.

In addition to the loan forgiveness, the City could save approximately $7.3 million over the life of the loans by using the DWSRF and CWSRF programs.

With the $16,215,000 provided by the DWSRF, the City will replace water lines. The $11,225,000 from the CWSRF will enable the City to rehabilitate and improve its wastewater 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.