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Council authorizes application to Texas Water Development Board for low‑interest drinking water funding
Summary
Council approved a resolution authorizing staff to apply to the Texas Water Development Board for drinking water funding (potentially 0% interest or principal forgiveness) to support the new water treatment plant; staff noted an August application deadline.
Summer told the council the Texas Water Development Board has invited the city to apply for drinking‑water funding that could include 0% interest loans or principal forgiveness to support the new water treatment plant. She said the invitation is a positive sign but not a guarantee of award and noted that an application deadline was imminent (late August; she estimated Aug. 23 or Aug. 26).
The council approved a resolution authorizing the city manager and designees to apply and act on the city's behalf for the TWDB application. Staff said receiving this funding would reduce borrowing costs for the project and could include principal forgiveness depending on the board's award decisions. No dissent was recorded and the resolution passed unanimously.
