The Texas Water Development Board (TWDB) today approved by resolution financial assistance in the amount of $35 million from the Clean Water State Revolving Fund Emergency Relief Program to the City of Lubbock (Lubbock County). The City will use the assistance to finance the construction of its northwest drainage improvement project.
The City could save approximately $6.8 million over the life of the loan by using the Clean Water State Revolving Fund.
The City has historically experienced flooding in the areas along the Quaker Avenue corridor in the northern and northwest portions of the City. The financial assistance will allow the City to reduce the risk of flooding by constructing a stormwater sewer network. The network will drain playa lakes down to a pre-rain condition and by doing so, will restore capacity within the lakes for future rainfall.
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 assistance programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.
(Press release from Texas Water Development Board)
