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Water and Wastewater Utility Divestiture

In November 2010, the LCRA Board of Directors decided to sell the community water and wastewater systems LCRA owned in the Hill Country and along the Colorado River.

LCRA's Board set four criteria for choosing a buyer or buyers:

  • Ability and commitment to provide reliable, quality utility services;
  • Ability to invest capital for needed infrastructure;
  • Commitment to meeting state regulatory requirements; and
  • Willingness to compensate LCRA for its investment.

 

Over the next 3 1/2 years, LCRA sold most of systems. LCRA now owns the Tahitian Village Wastewater System, Tow Village Water System and Bonanza Beach Water System.

The most recent sale closed July 31, 2014, when Corix Utilities (Texas) Inc. purchased 18 retail water and wastewater systems from LCRA.

Corix now is the system provider for: Lake Buchanan Water System; Spicewood Beach Water System; Smithwick Mills Water System; Ridge Harbor Water System; Ridge Harbor Wastewater System; Paradise Point Water System; Sandy Harbor Water System; Quail Creek Water System; Camp Swift Wastewater System; McKinney Roughs Wastewater System; Alleyton Water System; Alleyton Wastewater System; Matagorda Dunes Water System; Matagorda Dunes Wastewater System; Lometa Water System; Lometa Wastewater System; Windmill Ranch Wastewater System; and Windmill Ranch Raw Water System.

Corix is a North American company that specializes in providing utility infrastructure solutions for small- to mid-sized communities in the water, wastewater and energy sectors. Corix has more than 70 years experience operating water and wastewater utility systems and has significant experience transitioning utilities from public to private ownership and providing quality services to communities.

All customer service inquiries about the systems should be directed to Corix at 877–718–4396. Corix Media Relations can be reached at 877–232–2128.

Divestiture timeline:

  • LCRA and the City of Rollingwood closed on Aug. 1, 2012, on the sale of the Rollingwood Wastewater Utility System.
  • LCRA and the City of West Lake Hills closed on July 16, 2012, on the sale of the West Lake Hills Wastewater System. LCRA and the Whitewater Springs Water Supply Corporation closed on July 10, 2012, on the sale of the Whitewater Springs Water System.
  • LCRA and the City of Austin closed on March 28, 2012, on the sale of the Glenlake Water System.
  • LCRA and the West Travis County Public Utility Agency closed on March 15, 2012, on the sale of the West Travis County Water and Wastewater systems.
  • LCRA and the City of Liberty Hill closed on March 2, 2012, on the sale of the Liberty Hill Wastewater System.
  • LCRA and the Lakeway MUD, Hurst creek MUD, Travis County MUD 11 and Rough Hollow closed on Jan. 30, 2012, on the sale of the Lakeway Barge.
  • LCRA and the City of Leander closed on Jan. 5, 2012, on the sale of the Sandy Creek (Leander) Regional Water System.
  • LCRA and the City of Sunrise Beach closed on Dec. 7, 2011, on the sale of the Sunrise Beach Water System.
  • LCRA and the City of Elgin closed on June 30, 2011, on the sale of the Elgin Wastewater System.
  • LCRA and the City of Marble Falls closed on May 18, 2011, on the sale of the Hamilton Creek/South Road Water System.
  • LCRA closed the Highland Lakes Biosolids system on June 30, 2010.
  • LCRA and the City of Hutto closed on Feb. 10, 2010, on the sale of the Hutto Wastewater System.
  • LCRA and the cities of Austin, Round Rock and Cedar Park closed on Dec. 8, 2009, on the sale of the Brushy Creek Regional Wastewater System.
  • LCRA and Sunfield MUD No. 4 closed on Oct. 16, 2009, on the sale of Sunfield MUD (Creedmore/Maha) system.
  • LCRA and Aqua Texas closed on July 30, 2009, on the sale of the London and Harper Water Systems.
  • LCRA and Kingsland Water Supply Corporation closed on Dec. 1, 2008, on the sale of the Bridgepoint Water System.
  • LCRA and the City of Smithville closed on Dec. 30, 2007, on the sale of the Smithville Wastewater System.

​Helpful Links

Utility Systems
Nov. 17, 2010, Board resolu​tion
Jan. 19, 2011, Board resolution

News Releases

LCRA formally announces sale of water/wastewater systems to financial market