Texas Water Development Board approves $34,455,000 to the City of Pilot Point (Denton and Grayson counties) for wastewater treatment plant improvements

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

AUSTIN – (May 4, 2023) – The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount $34,455,000 to the City of Pilot Point (Denton and Grayson counties), consisting of $34,380,000 in financing and $75,000 in principal forgiveness, from the Clean Water State Revolving Fund (CWSRF). The City will use the assistance for the planning, design, and construction of wastewater treatment plant improvements.

In addition to the loan forgiveness, the City could save approximately $11,000,000 over the life of the loan by using the CWSRF.

With the financial assistance approved today, the City will construct a new wastewater treatment plant with modernized treatment facilities to meet projected capacity needs. The City will also replace approximately 12,000 linear feet of force main and approximately 4,200 linear feet of gravity sewer line. The City plans to use the principal forgiveness to conduct an emergency preparedness evaluation.

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.