TEXARKANA, Texas - The City of Texarkana, Texas is proposing a water rate increase to fund a new water treatment plant.
If approved, the facility could be built in the next five years.
City officials say the current facility on New Boston Road has not been updated since the 1970's.
The city is partnering with Riverbend to build a new water treatment plant on TexAmericas property.
One of the potential locations is next to the sewer plant off Bowie Parkway.
Riverbend is applying for a loan of $200 million from the Texas Water Development Board.
They should know by late summer, or early fall if the loan has been approved.
The city is proposing an increase of a $1.50 per 1,000 gallons of water to help pay off the bonds.
"We're really thinking about the future when we think about this water treatment plant. We want to attract business and industry to Texarkana, and to do that we need to provide more water," explained Lisa Thompson, Texarkana, Texas City Spokesperson.
If approved, the new facility would continue to process and distribute water from Wright Patman Lake to the Texarkana region.
A public hearing on this issue will be held August 12th.
The council is expected to adopt the budget on September 9th.