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Thank you for your interest in LCRA. Investments in our bond program help build and maintain critical public infrastructure that provides safe and reliable power, water and community services to communities throughout Texas. We are committed to maintaining strong bond ratings and being as transparent as possible with the investor community and public at large.
We hope you find this website useful as you seek to better understand LCRA’s credit fundamentals. Please do not hesitate to contact our office with questions or feedback.
Jim Travis, Chief Financial Officer
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