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$495,000 Loan - twdb state tx

$495,000 Loan - twdb state tx 2025

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The document is a funding request from the City of Grand Prairie for financial assistance totaling $582,000 from the Clean Water State Revolving Fund. It includes a $495,000 loan and $87,000 in loan forgiveness aimed at financing wastewater system improvements. The project, identified as GP 20 Plus Extension Trunk Line, addresses issues related to sanitary sewer overflows by replacing deteriorated trunk sewer lines. The City pledges net revenues from its waterworks and wastewater systems for repayment, demonstrating stable financial conditions and sufficient revenue to meet debt service requirements.

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