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Texas Water Development Board approves $59,300,000 to the City of Bay City (Matagorda County) for water and wastewater system projects

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

AUSTIN – (February 25, 2021) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $59,300,000, consisting of a $21,300,000 loan from the Drinking Water State Revolving Fund (DWSRF) and a $38,000,000 loan from the Clean Water State Revolving Fund (CWSRF), to the City of Bay City (Matagorda County). The City will use the assistance to finance planning, acquisition, design, and construction costs associated with water and wastewater system improvements.

The City could save approximately $1,100,000 over the life of the 2021 portions of the loans by using the DWSRF and CWSRF programs. Additional savings may occur when the City closes on other portions of the loans.

With the DWSRF assistance approved today, the City will expand and rehabilitate its water production, treatment, and distribution system by constructing two new water treatment plants, improving three existing water treatment plants, and adding advancing metering infrastructure with new meters citywide.

With the assistance provided through the CWSRF, the City will rehabilitate components of its wastewater treatment plant, including the mechanical and electrical systems.

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.