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Public Works outlines East Water Plant financing, meter replacements and water‑loss targets
Summary
Public Works described secured low‑cost financing, potential WIFIA loans, a target to rehabilitate 3% of drinking‑water pipeline annually and a multi‑year meter replacement program tied to reducing a large annual water loss.
Houston Public Works detailed financing and operational steps aimed at stabilizing the city's water system, including low‑cost loans secured through the Texas Water Development Board for the East Water Purification Plant and plans to pursue WIFIA financing, while setting annual targets to rehabilitate pipe and replace meters.
Randy Mackey, Director of Public Works, said the department secured “approximately $1,000,000,000 in low cost financing” from the Texas Water Development Board for the East Water Purification Plant, which the department estimates will translate into roughly $250,000,000 in interest savings over the life of…
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