The Texas Water Development Board (TWDB) on Thursday, Nov. 17, approved by resolution financial assistance in the amount of $1,395,000 from the Drinking Water State Revolving Fund to the city of Cottonwood Shores.
The city will use the assistance to finance the rehabilitation and expansion of a water treatment plant. Cottonwood Shores could save approximately $212,000 over the life of the loan by using the Drinking Water State Revolving Fund.
The financial assistance will allow the city to finance the planning, design, and construction costs of the project. When complete, the water treatment plant will be able to treat 1 million gallons per day. The plant to provide water through 547 connections to more than 1,158 citizens is proposed to take the city far into the future with safe drinking water from Lake LBJ.
