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Granbury City Council approves $57.8 million principal forgiveness agreement for North Water Treatment Plant
Summary
The Granbury City Council adopted Resolution 25-25 authorizing city staff to execute a principal forgiveness agreement with the Texas Water Development Board to accept a $57,800,000 grant toward the North Water Treatment Plant; the motion passed 6-0.
The Granbury City Council voted to adopt Resolution 25-25, authorizing execution of a principal forgiveness agreement with the Texas Water Development Board to accept a $57,800,000 grant for work on the North Water Treatment Plant. The motion passed on a 6-0 voice vote.
City staff presented the item as an administrative step required to secure the award. An unidentified presenter, who was addressed by another speaker as "Kaufman," said the city had "been offered to receive a $57,800,000 grant to…
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