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Eagle Pass reports $5.3 million recovered from state water loans; $2.8 million remains
Summary
City finance staff told the council the city recovered $5,316,000 from Texas Water Development Board reimbursements tied to waterworks projects, returning the money to the general fund; staff said $2,800,000 remains to be recovered.
Eagle Pass city finance staff told the City Council on June 3 that the city has recovered $5,316,000 in reimbursements from the Texas Water Development Board for previously financed waterworks projects and that roughly $2,800,000 remains outstanding.
The update came during the council's discussion of item 18, a Texas Water Development Board loans reimbursement update. "I am happy to announce to you ... the total amounts that we were able to…
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