Pilot Point City Council approved bids for the construction of the new wastewater treatment plant, for a maximum amount of $79,281,915 on April 9.
There are additional capital water and sewer improvement projects included in the masterplan that need work, with combined project costs over $125,000,000.
“We sold $34 million of bonds through the Texas Water Development Board in 2023,” Chief Financial Officer Michele Sanchez said. “In 2022, we also sold a tranche of debt to complete some critical water and sewer projects. There's still $3.4 million left in that bond, … so that brings our balance to about $87 million.”
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