
SAWS, LCRA to Settle Lawsuit
LCRA to pay SAWS $30 million to settle breach of contract lawsuit
he lawsuit filed by SAWS against the Lower Colorado River Authority for breach of contract to supply water to San Antonio has been successfully settled. SAWS will receive $30 million over eight years, recovering a significant portion of its cash investment in the project. SAWS and LCRA also agreed to continue working together toward potential water supply solutions in Texas. Given the lawsuit settlement and the termination of the project, the LCRA Water Supply Project is no longer a part of San Antonio's Water Management Plan.
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