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Austin water utility hopes to buy share in Brushy Creek system
Wednesday, July 15, 2009 by Bill McCann
Preparing for continued population growth in the far
The system came up for sale after its two biggest users, the cities of Round Rock and
Water officials told the Water and Wastewater Commission that the city’s acquisition would benefit
“Our cost to be a direct owner is going to be less than the cost we are paying now. So it makes good business sense to us,” said Austin Water Utility Director Greg Meszaros. “We are a small user of the system now. But there is a lot of undeveloped land in the area and that area is going to grow. So
The exact dollar figure had not been determined as of last week because financial experts for LCRA were still determining the outstanding debt of the system, a difficult job because LCRA combines all of its debt, according to
The Brushy Creek system, which is in southern
LCRA joined with the Brazos River Authority in the mid 1990s to develop the Brushy Creek system, LCRA owning it and
In June, LCRA,
The Austin Water Utility got the backing of the Water and Wastewater Commission last week to go ahead with the purchase. The City Council is scheduled to consider the acquisition on July 23.
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