At the regular meeting of the Willow Park city council Tuesday night it was announced that the Texas Water Development Board unanimously approved funding for the Fort Worth water project for WP and Hudson Oaks.
“It was a unanimous vote by all three board members and it’s for roughly $13.7 million, which again, will be split 52/48 between Willow Park and Hudson Oaks. Willow Park can expect to add 3.5 million gallons of water per day to our current supply of 1.8 million gallons per day, so you’re going to get a little less than 5.5 million gallons per day for the city of Willow Park,” WP City Manager Bryan Grimes said. “The interest rate on this note is 0.95 percent, fixed, for 30 years. That’s about as close to cash as you’re going to get.”
Negotiations on the Fort Worth wholesale water agreement began in November 2016 and an interlocal agreement contract for the project was signed by Hudson Oaks Mayor Marc Povero and WP Mayor Doyle Moss in March.
“I would like to thank Mr. Bryan Grimes and his staff, this is great news for the citizens and thank you all for your support,” Moss said.
The TWDB administers cost-effective financial assistance programs for the construction of water supply, wastewater treatment, flood control and agricultural water conservation projects.
“The [city of Willow Park] and city of Hudson Oaks are experiencing a severe reduction in their groundwater supply and must address this issue to meet its customer’s water needs,” according to the project funding request on the TWDB website. “[Willow Park’s] current and projected water usage has exceeded 85 percent of its well capacity. Per Texas Commission on Environmental Quality rules, the city must begin to develop an additional water source to ensure sufficient capacity. Also, the city of Hudson Oaks’ water supply does not provide adequate capacity during peak usage.”
The project will allow Hudson Oaks to receive about 3.23 million gallons per day and both cities are expected to be connected to Fort Worth water in late 2021, early 2022.
“We were very satisfied with the outcome of the meeting with the Texas Water Development Board. At a .95 percent interest rate, the terms for the 30-year debt service on the Fort Worth water line extension were very favorable for both Willow Park and Hudson Oaks,” Povero said. “Both cities will not only secure a long term, reliable surface water source, but we will acquire it at a cost that uses tax dollars and consumer water fees in the most efficient manner possible. Kudos to the city administrators at Willow Park, Hudson Oaks and the staffers at the TWDB for giving our tax payers the best band for their buck.”
WP and Hudson Oaks will need to comply with Fort Worth’s drought contingency plan, which has three stages — Stage 1, twice a week watering; Stage 2, once a week watering; and Stage 3, emergency use only.