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Texas Water Development Board approves $51,360,000 to the Town of Pecos City (Reeves County) for wastewater system improvements

For immediate release. Contact: Lauren Munguia at 512-463-2322

AUSTIN – (February 10, 2021) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of a $51,360,000 loan from the Clean Water State Revolving Fund to the Town of Pecos City (Reeves County). The Town will use the assistance to finance planning, design, and construction costs associated with wastewater system improvements.

The Town could save approximately $2,700,000 over the life of the 2021 portion of the loan by using the Clean Water State Revolving Fund. Additional savings may occur when the Town closes on other portions of the loan.

With the assistance approved today, the Town will modify its wastewater treatment plant to expand treatment capacity, address aging equipment, and upgrade its secondary treatment process.

The TWDB is the state agency charged with collecting and disseminating water-related data, assisting with regional water and flood planning, and preparing the state water and flood plans. The TWDB administers cost-effective financial assistance programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.