Loans - West Region
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Two districts in the West Region currently have State Infrastructure Bank (SIB) loans.

SIB loan interest rates are based on credit of the borrower, years borrowed and the Municipal Market Index at the time of SIB application. (Some districts may not have SIB loans.)

El Paso District
Borrower County Project Minute Order & Date Interest Rate % Loan Length Project Estimate SIB Loan
El Paso County El Paso County Widening of Pelican Drive, pedestrian walkways and connection to Loop 375 115857
09/24/2020
1.02 20 years $25.7 million $4.6 million
El Paso County El Paso County I-10 construction 115016
08/31/2017
1.85 15 years $12 million $4.92 million
Camino Real RMA* El Paso County Direct connectors at FM 659 (Zaragoza) and Loop 375 112668
04/28/2011
4.95 30 years $32 million $20 million
Camino Real RMA* El Paso County Loop 375 northeast mainlane extension project 112667
04/28/2011
4.05 20 years $53 million $6 million
Camino Real RMA* El Paso County Direct connectors at I-10 and Loop 375 112295
06/08/2010
4.95 30 years $156 million $30 million
*Regional Mobility Authority
 
Lubbock District
Borrower County Project Minute Order & Date Interest Rate % Loan Length Project Estimate SIB Loan
Lubbock Lubbock County FM 1585 from US 62/82 to US 87 115183
03/29/2018
2.70 15 years $340 million $7.25 million
Levelland Hockley County US 385 expansion and reconstruction 115050
09/28/2017
2.60 15 years $6 million $842 thousand
Divisions

 

 

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