By Gavin Pugh
(Kelley Crimmins/Community Impact Newspaper)
A North Texas Municipal Water District reservoir project in Fannin Country received a $300 million financial boost Thursday from the Texas Water Development Board.
This brings the total approved by TWDB for the Lower Bois d’Arc Creek Reservoir project to $1.5 billion, NTMWD spokesperson Janet Rummel said in an email to Community Impact Newspaper.
“This low-interest financing will result in over $230 million in savings in borrowing costs,” Rummel said.
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