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Granbury council authorizes acceptance of $57.8 million principal‑forgiveness grant for North Water Treatment Plant
Summary
The Granbury City Council unanimously adopted a resolution to accept a $57,800,000 principal‑forgiveness grant from the Texas Water Development Board to fund a new north water treatment plant, authorizing staff to execute the agreement and move ahead with project administration.
Granbury — The Granbury City Council on Dec. 16 unanimously adopted Resolution 25‑25 authorizing the city to accept a $57,800,000 principal‑forgiveness grant from the Texas Water Development Board to support construction of a North Water Treatment Plant.
City staff told the council the award requires a resolution authorizing the city manager and staff to execute the agreement and related exhibits; that contract was added to the packet after it arrived from the Water Development Board on the preceding Friday. "This is one of those administrative hurdles we need to jump through at this point," Mr. Kaufman said during the meeting, summarizing the steps needed to secure the funding.
Mayor (presiding) lauded the award from the meeting dais, saying, "Hallelujah — we just are gonna receive $57,800,000," and describing the grant as a rare opportunity for the city.
Why it matters: The council’s action clears the administrative step required to accept principal forgiveness on a loan from the state agency, reducing the city’s long‑term repayment burden for a major water infrastructure project. Mr. Kaufman said the agreement and associated exhibits were provided late in the packet because they were received from the agency on short notice.
What happens next: With the resolution adopted, city staff are authorized to execute the exhibit and related documents required by the Water Development Board. Officials said staff will continue administrative work to finalize the contract terms and manage project procurement and construction scheduling.
Context and caveats: The council’s vote was procedural authorizing execution of the contract documents; project design, bidding and construction remain future steps. The city did not discuss specific construction timelines or a detailed funding breakdown in the meeting beyond the grant amount and the need to complete required administrative steps.
The council approved the resolution 6‑0 during the Dec. 16 meeting and proceeded with related infrastructure approvals on the agenda.
