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From February 14, 2021 through February 19, 2021, the State of Texas (the "State") experienced a historically severe winter storm in terms of scope and duration statewide with record breaking below freezing temperatures over prolonged periods of time (the "Weather Event").
The Lower Colorado River Authority has donated a conservation easement on 934 acres of critical Matagorda wetlands to permanently protect the land from future development.
The conserved wetlands are part of LCRA’s Matagorda Bay Nature Park along the mid-Texas Gulf Coast. The conservation easement held by the Colorado River Land Trust will allow LCRA to retain ownership of the property while ensuring the land will be protected as natural open space forever.
For the full story - https://lnkd.in/dV35EaB
Fitch Ratings has upgraded the rating on Lower Colorado River Authority's (LCRA) refunding revenue bonds and bank note rating (CP series B) to 'A+' from 'A'.