Texarkana Board Votes on Water Rights Sale to Dallas Company
What happened
The Texarkana, Arkansas, Board of Directors is set to vote on an emergency ordinance that would allow the Southwest Arkansas Water District to offer up to 110 million gallons a day of Millwood Lake water rights to a Dallas company planning a pipeline into Texas. The ordinance would authorize Mayor Allen Brown and City Manager Tyler Richards to sign an exclusivity agreement with Heartland Water Partners LLC and other local entities. City Manager Tyler Richards stated that the sale could generate between $16 million and $20 million annually for the city.
From txktoday.com
Why it matters
The sale of the water rights is described by City Manager Tyler Richards as the single greatest economic impact in the city’s history. The ordinance would also permit the district to apply to the Arkansas Natural Resources Commission on the city's behalf for approval to move the water out of state.
From txktoday.com
Who's involved
- board of directorsThe board of directors is voting on the emergency ordinance authorizing the water rights sale.
- DallasDallas is the location of the company planning to receive the water rights for a pipeline into Texas.
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The entities involved
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Dallas
city in the state of Texas, United States
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board of directors
group of people who jointly supervise the activities of an organization