Posting Language
Title
Approve a resolution authorizing the City Manager to increase the amount of a low-interest loan from an amount not to exceed $446,842,000 to an amount not to exceed $1,000,000,000 from the United States Environmental Protection Agency's Water Infrastructure Finance and Innovation Act loan program for the Walnut Creek Wastewater Treatment Plant expansion and enhancements projects. Funding: Contingent upon available funding in future Austin Water operating budgets.
De
Lead Department
Austin Water.
Fiscal Note
Funding is contingent upon available funding in future Austin Water operating budgets.
Prior Council Action:
July 18, 2024 - Council authorized the City Manager to apply for a low-interest loan for up to $446,842,000 from the United States Environmental Protection Agency's Water Infrastructure Finance and Innovation Act loan program for the Walnut Creek Wastewater Treatment Plant expansion and enhancements projects and authorized payment of an application fee of $100,000.
For More Information:
Vicky Addie, Austin Water Program Coordinator, 512-972-0332 or vicky.addie@austintexas.gov.
Council Committee, Boards and Commission Action:
July 17, 2024 - Water and Wastewater Commission recommended that the City Manager be authorized to apply for a low-interest loan for up to $446,842,000 from the United States Environmental Protection Agency's Water Infrastructure Finance and Innovation Act loan program for the Walnut Creek Wastewater Treatment Plant expansion and enhancements projects and pay an application fee of $100,000.
March 11, 2026 - To be reviewed by the Water and Wastewater Commission.
Additional Backup Information:
Council previously authorized the City Manager to apply for up to $446,842,000 funding from the United States Environmental Protection Agency (USEPA) for a federal low-interest loan with a term not to exceed 35 years as part of the USEPA's Water Infrastructure Finance and Innovation Act (WIFIA) loan program for the...
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