Posting Language
Title
Authorize negotiation and execution of a financing agreement with the Texas Water Development Board for a 20-year, low-interest loan in an amount not to exceed $5,000,000 for Austin Water's polybutylene pipe replacement project, also known as the Municipal Conservation Project. Funding: Contingent upon available funding in future Austin Water budgets.
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Lead Department
Austin Water.
Fiscal Note
Funding is contingent upon available funding in future Austin Water budgets.
Prior Council Action:
May 8, 2025 - Council authorized the City Manager to apply for funding from the Texas Water Development Board (TWDB) for a low-interest State Water Implementation for Texas (SWIFT) loan in an amount not to exceed $45,000,000 for Austin Water's polybutylene pipe replacement project.
August 28, 2025 - Council authorized negotiation and execution of a financing agreement with TWDB for $3,000,000 for the polybutylene pipe replacement project.
For More Information:
Vicky Addie, Austin Water Program Coordinator, 512-972-0332 or vicky.addie@austintexas.gov.
Council Committee, Boards and Commission Action:
July 15, 2026 - Recommended by the Water and Wastewater Commission on an 8-0 vote, with three absences.
Additional Backup Information:
On July 24, 2025, the Texas Water Development Board (TWDB) approved the City of Austin's application for a low interest, multi-year loan in the amount of $45,000,000 through the SWIFT loan program for the implementation of Austin Water's polybutylene pipe replacement project. This multi-year loan process involves several annual loan closings with potential adjustments to loan terms. This allows Austin Water to receive a funding commitment for the capital improvement project but to close on portions of the funding over a multi-year schedule.
Austin Water's waterline services replacement program was established to systematically replace water service lines (the small-diameter lines that connect water mains to customer ...
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