The city of Magnolia will receive a $10.67 million loan to expand its Nichols Sawmill Wastewater Treatment Plant to a capacity of 2 million gallons per day, according to a Sept. 14 news release.
The financial assistance comes from the Texas Water Development Board’s Clean Water State Revolving Fund, according to the news release.
Zooming in
According to the news release, the $10.67 million consists of:
- $9.67 million in financing
- $1 million in principal forgiveness
The wastewater treatment plant expansion will include things such as a new treatment unit, an expansion of the chlorine contact tank and a new retention pond, according to the news release.
Quote of note
“We are very happy to hear the great news,” City Administrator Don Doering said in a statement Sept. 14. “The expansion will allow the city of Magnolia to provide needed sewer services to our growing community.”