Tarrant water district gets $440 million to build pipeline
The Tarrant Regional Water District was awarded $440 million in low-interest loans Thursday by the Texas Water Development Board for a 150-mile pipeline that will stretch from East Texas to Tarrant County.
The $2.3 billion Integrated Pipeline Project, which is being built with Dallas Water Utilities as a partner, is designed to help meet the region’s water needs for the next several decades. Construction began in 2014, and the first phase is expected to be completed by spring 2018.
“By receiving this funding from the state, TRWD and its customers will save approximately $50 million over 30 years,” said Jim Oliver, the district’s general manager. “The funds will be used exclusively for completion of the first phase of the critically important IPL Project.”
When the project is finished, the 108-inch pipeline will bring an additional 200 million gallons of water a day to Tarrant County from the Richland-Chambers and Cedar Creek reservoirs in East Texas. Dallas will eventually tap up to 150 million gallons of water a day from Lake Palestine.
Read more: http://www.star-telegram.com/news/local/community/fort-worth/article28452094.html
