February 2015, Vol. 70, No. 2
Newsline
TWDB To Fund Texas County Sewer Line Upgrades
The Texas Water Development Board (TWDB) approved by resolution financial assistance in the amount of $4,996,250, consisting of a $1,820,000 loan and $3,176,250 in loan forgiveness from the Clean Water State Revolving Fund, to the Angelina & Neches River Authority (Angelina County).
The assistance will allow the Authority to finance construction costs associated with wastewater system improvements.
The Authority could save approximately $4,379,000 over the life of the loan by using the Clean Water State Revolving Fund.
With the assistance approved, the Authority will be able to provide first-time sewer service to approximately 105 connections within the Angelina Fresh Water Supply District No. 1’s service area, including the Redland Estates subdivision and additional homes along the proposed sewer line route.
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