State Approves Loan For Van Alstyne Wastewater System - KTEN.com - No One Gets You Closer

State Approves Loan For Van Alstyne Wastewater System

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VAN ALSTYNE, TX -- State funding is on the way to improve the city sewer system.

The Texas Water Development Board approved a resolution allowing the Greater Texoma Utility Authority in Grayson County to take out a $1.7 million loan on behalf of the city of Van Alstyne.

Council members will first need to formally accept that loan, which comes with a special low interest rate, officials with the city and utility authority said.

"About $333,000 would go to the wastewater plant for improvements and the remaining amount would go to improvement of the main lines, sewer lines, the system," says city public works director Steve White.

The board says in a statement that the loan comes from its Clean Water State Revolving Fund and is one of seven  across the state that were approved on Thursday, totaling $13 million in all.