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Texas Water Development Board today approved financial assistance totaling $41,580,908 for water, stormwater, and flood projects

Jan 06, 2022

AUSTIN – The Texas Water Development Board (TWDB) today approved financial assistance totaling $41,580,908 for water, stormwater, and flood projects.

  --  $2,299,908 to the City of Comanche (Comanche County) for water system improvements

  --  $4,751,000 to the City of Corpus Christi (Nueces County) for stormwater system improvements

  --  $34,530,000 to El Paso County for a flood mitigation project

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.


Below is more information about each project.

$2,299,908 to the City of Comanche (Comanche County) for water system improvements

The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $2,299,908, consisting of $1,506,000 in financing and $793,908 in loan forgiveness from the Drinking Water State Revolving Fund, to the City of Comanche (Comanche County). The City will use the assistance for planning, design, and construction of water system improvements.

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In addition to the loan forgiveness, the City could save approximately $666,000 over the life of the loan by using the Drinking Water State Revolving Fund.

With the financial assistance approved today, the City will make improvements to its water system, including replacing 10,000 linear feet of distribution lines and approximately 150 water service meters.

$4,751,000 to the City of Corpus Christi (Nueces County) for stormwater system improvements

The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $4,751,000 in financial assistance, consisting of $3,561,000 in financing and $1,190,000 in loan forgiveness from the Clean Water State Revolving Fund, to the City of Corpus Christi (Nueces County). The City will use the assistance for planning and design of a stormwater system improvement project.

In addition to the loan forgiveness, the City could save approximately $350,000 over the life of the loan by using the Clean Water State Revolving Fund.

With the financial assistance approved today, the City will plan and design a project to enhance a 12-mile section of the Oso Creek channel and several miles of earthen channels that convey stormwater to Oso Creek. The project is anticipated to improve the capacity of the stormwater system and reduce stormwater pollution.

$34,530,000 to El Paso County for a flood mitigation project

The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $34,530,000, consisting of $20,718,000 in financing and $13,812,000 in grant funding from the Flood Infrastructure Fund (FIF). The County will use the assistance for planning, acquisition, design, and construction of a flood mitigation project.

In addition to the grant funding, the County could save approximately $9,300,000 over the life of the loan by using the FIF program.

With the financial assistance approved today, the County will construct a detention basin to provide flooding benefits to areas served by the El Paso County Water Improvement District and parts of the City of Socorro.

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The approved project is eligible for FIF funding under category 2 of the 2020 Flood Intended Use Plan. This category was designated for planning, acquisition, design, and construction activities to implement flood mitigation projects.

Passed by the 86th Texas Legislature and approved by voters through a constitutional amendment in 2019, FIF was created to provide funding for drainage, flood mitigation, and flood control projects.

 

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

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