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Denton authorizes application for $60 million TWDB loan to rebuild Pecan Creek water plant
Summary
Council approved a resolution to submit an application to the Texas Water Development Board for $60 million from the Clean Water State Revolving Fund as part of a larger Pecan Creek Water Reclamation Plant reconstruction to increase capacity to 30 MGD; staff plans to pair CWSRF funds with WIFIA to lower overall borrowing costs.
City staff on Tuesday won council approval to submit an application for a $60 million low-interest loan from the Texas Water Development Board—s Clean Water State Revolving Fund (CWSRF) to finance a portion of the Pecan Creek Water Reclamation Plant reconstruction.
Project overview: Kyle Pedego, planning and engineering division manager for Water Utilities, said the full reconstruction is estimated at roughly $500 million to…
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