In Texas, Turning to Outsiders to Finance Water Deals (Texas Tribune)

December 23, 2012 – Developers say the site for the proposed Lake Columbia reservoir in East Texas is not much to look at right now. But if it is built, the 15-mile-long reservoir, which would cover more than 10,000 acres and hold more than 64 billion gallons of water, could be a model for the changing way Texas is financing water projects. Tomlin Infrastructure Group, a private infrastructure company, intends to take a major stake in what would traditionally be a public project. It is part of a trend spreading across the state as cash-strapped municipalities and public agencies reach out to the private sector for financing and management services.

Link to Full Article: http://www.texastribune.org/texas-environmental-news/water-supply/texas-turning-outsiders-finance-water-deals/

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