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Texas Water Development Board approves $12,000,000 to the Lake Placid Water Control and Improvement District No. 1 (Guadalupe County) for dam improvements

For immediate release. Contact: Media Relations at 512-463-5129

AUSTIN – (October 5, 2023) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $12,000,000 to Lake Placid Water Control and Improvement District No. 1 (Guadalupe County) from the Clean Water State Revolving Fund (CWSRF). The District will use the assistance for the construction of a dam improvement project.

The District could save approximately $3,500,000 over the life of the loan by using the CWSRF.

In February 2021, the project received funding from the CWSRF. The District requested additional funds to cover its portion of the work at the Lake Placid dam that exceeded the construction funds made available in the 2021 commitment.

With the financial assistance approved today, the District will replace existing bear-trap style crest gates with new hydraulically-actuated steel crest gates at Lake McQueeney and Lake Placid dams. Replacement of the gates includes structural modifications to the existing spillway structure, upgrades to the mechanical system, upgrades to electrical distribution power, improved backup power, new instrumentation and controls, improved headwater and tailwater measurement, new video surveillance, supervisory control and data acquisition interface, and hardening the earthen dam.

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 mitigation, and agricultural water conservation projects.