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Del Rio officials outline $22 million wastewater financing gap, urge options to move projects forward
Summary
City staff told the Del Rio City Council on Feb. 24 that final designs for key wastewater improvements are complete but the city faces a funding shortfall (about $2.86 million for one oxidation ditch and roughly $22.06 million for related wastewater projects), and staff recommended exploring Certificates of Obligation and project packaging if Water Development Board financing is unavailable.
City staff told the Del Rio City Council on Feb. 24 that final designs for the Silverlake Wastewater Treatment Plant improvements and the Northside Sanitary Sewer trunkline are complete but the city still needs tens of millions of dollars to finish construction.
Assistant Finance Director Roxy Soto said approved funding and current expenditures were summarized for the council and that the Oxidation Ditch No. 1 project…
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