Member Notification of the Outcome of Litigation with the City of Lampasas
March 18, 2019
Fellow Kempner Water Supply Corporation Members,
As of 10:00 this morning we have settled our disputes with the City of Lampasas regarding the loss of our appeal to the Texas 13th District Court of Appeals. The settlement agreed upon and approved by our board of directors and the City of Lampasas, are as follows:
- A three-year payout of the $404,447.00 at $11,234.64 per month.
- Approximately 119.4 acres of CCN on the west side of the Business Park in the City of Lampasas.
- And Dismissal of the PUC case.
These will take effect, upon the appropriate filings of documents, in the next few days.
The outcome of this litigation is not what we had hoped for and to pursue it any further would not be in the best interest of the corporation.
Going forward Kempner Water Supply Corporation and the City of Lampasas will work together as we always have, to provide water service to our members and the City of Lampasas for many years to come.
George Gondorchin, President
Kempner Water Supply Corporation