Texas Water Development Board approves over $20 million to City

Texas Water Development Board approves over $20 million to City of Lubbock for advanced metering project

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AUSTIN, Texas -

(Press Release)

The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $20,635,000, consisting of a $19,635,000 loan and $1,000,000 in loan forgiveness, from the Clean Water State Revolving Fund to the City of Lubbock (Lubbock County). The City will use the assistance for the construction of an advanced metering infrastructure project.

In addition to the loan forgiveness, the City could save approximately $3.6 million by using the Clean Water State Revolving Fund.

The City will install approximately 86,000 water meters with the assistance approved today. When complete, the project will help the City achieve and maintain the per capita water use goals established in its water conservation plan.

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 assistance programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.

State Sen. Charles Perry, Chairman of the Senate Committee on Water & Rural Affairs, filed SB 396, SB 397 and SJR 28 to create the first ever statewide flood plan and a way to fund flood mitigation projects. This comes after numerous committee hearings and meetings around Texas and in Washington, D.C. The meetings were with flood experts, community members and government officials at every level.

"We live in a big state, we've had big disasters and we need a big response to address flooding in Texas. If the legislature passes the first ever statewide flood plan, it will positively affect every community across Texas and save lives. This proposal ensures local communities and the State band together to develop a bottom-up planning approach to address flooding on a watershed basis," said Sen. Charles Perry.

Sen. Perry continued, "It is key to have flood plans developed within watersheds to ensure one community's plans do not inadvertently negatively impact a neighboring community."

"Communities also need assurances that projects in the State Flood Plan are going to become a reality and not just sit in a notebook on someone's shelf. If passed, a constitutional amendment will transfer $1.2 billion from the State's Rainy Day Fund to help fund flood mitigation projects in the communities that need it most," said Sen. Perry.

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