POSTED: Wednesday, October 17, 2012 - 1:51pm
UPDATED: Wednesday, October 17, 2012 - 1:51pm
SMITH COUNTY — The Texas Water Development Board (TWDB) on Wednesday approved by resolution a loan in the amount of $1,500,000 to the Smith County Municipal Utility District No. 1 from the Texas Water Development Fund to finance water system improvements.
The Smith County Municipal Utility District No. 1 intends to use the funds to rehabilitate a ground storage tank.
The TWDB is the state agency charged with collecting and disseminating water-related data, assisting with regional planning and preparing the State Water Plan for the development of the state's water resources.
The TWDB administers cost-effective financial programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.
Information released by the Texas Water Development Board