Texas Water Development Board approves $7,305,000 to the City of Mart (McLennan County) for wastewater system improvements
For immediate release. Contact: Media Relations at 512-463-5129
AUSTIN – (November 19, 2021) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $7,305,000, consisting of $3,055,000 in financing and $4,250,000 in loan forgiveness from the Clean Water State Revolving Fund, to the City of Mart (McLennan County). The City will use the assistance to finance the planning, design, and construction of wastewater system improvements.
In addition to the loan forgiveness, the City could save approximately $1,600,000 over the life of the loan by using the Clean Water State Revolving Fund.
With the financial assistance approved today, the City will demolish abandoned structures and piping and construct new or upgrade existing system components at its wastewater treatment plant. In addition, the City plans to repair or replace approximately 7,900 linear feet of collection lines and 18 manholes. If funding allows, the City will include additional collection system rehabilitation.
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.