Texas Water Development Board Approves a $181,768 Loan to The Aqua Water Supply Corporation
AUSTIN - (April 18, 2013) - The Texas Water Development Board (TWDB) today approved by resolution a loan in the amount of $181,768 to the Aqua Water Supply Corporation (Bastrop County) consisting of a loan in the amount of $54,530 and $127,238 in loan forgiveness from the Clean Water State Revolving Fund to finance wastewater system improvements.
The Aqua Water Supply Corporation intends to use the funds for planning and design of a first-time sewer collection system for portions of a subdivision to address long-time public health concerns.
The TWDB is the state agency charged with collecting and disseminating water-related data, assisting with regional planning and preparing the State Water Plan for the development of the state’s water resources. The TWDB administers cost-effective financial programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.