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Cleveland authorizes certificates of obligation to unlock $14.4M TWDB water grant, approves wastewater financing notice

City of Cleveland City Council · January 20, 2026
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Summary

Council approved certificates of obligation and grant agreements tied to $14.4 million in Texas Water Development Board funding for water projects and published notice for wastewater financing connected to a Clean Water SRF award.

CLEVELAND, Texas — The Cleveland City Council on Jan. 20 approved the issuance of combination tax and surplus revenue certificates of obligation that will provide the local match needed to secure a $14,442,840 Texas Water Development Board (TWDB) grant for water infrastructure work.

City financial advisor Joe Morrow told…

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