Texas Water Development Board approves $900,000 in financial assistance to the Salado Water Supply Corporation to finance water system improvement
AUSTIN - (October 17, 2012) – The Texas Water Development Board (TWDB) today approved by resolution a loan in the amount of $900,000 to the Salado Water Supply Corporation (Bell County) from the Rural Water Assistance Fund to finance water system improvements.
The Salado Water Supply Corporation intends to use the funds to construct infrastructure that will allow it to connect to the Kempner Water Supply Corporation’s recently constructed surface water treatment plant.
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.