If passed the ordinance will allow the city to apply for a loan from the Texas Water Development Board.
The loan comes with a lower interest rate, which is expected to save the city around 7 million dollars.
The total price tag for the project is expected to be around 30 million dollars and will take three years to design and construct.
It will include building a pump station and pipeline at the River Road Wastewater Treatment Plant that would transport about 10 million gallons of treated water to Lake Arrowhead.
Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.