The Texarkana, Arkansas, Board of Directors voted Tuesday on an emergency ordinance authorizing the Southwest Arkansas Water District to negotiate selling up to 110 million gallons daily of Millwood Lake water to a Dallas company planning a pipeline into Texas.
The sources don't state an effect on taxes. They do state these figures.
Payment per million gallons daily$5,0001Who pays or receives it: Heartland Water Partners LLC
Total payment at 110 million gallons daily per installment$550,0001Who pays or receives it: Heartland Water Partners LLC to Texarkana
Total payment if full deal completed at 110 million gallons daily$1.65 million1Who pays or receives it: Heartland Water Partners LLC to Texarkana
Estimated annual revenue from water sale$16 million to $20 million1Who pays or receives it: Dallas company to Texarkana
Who's involved
Texarkana, Arkansas, Board of Directorsvoted on ordinance
Mayor Allen Brownwould sign exclusivity agreement if authorized
City Manager Tyler Richardsproposed water sale agreement
Heartland Water Partners LLCDallas company planning pipeline
Southwest Arkansas Water Districtwould negotiate water sale
The facts
Emergency ordinance authorized Southwest Arkansas Water District to offer 110 million gallons daily of Millwood Lake water to Heartland Water Partners.1
Ordinance authorized Mayor and City Manager to sign exclusivity agreement with Heartland Water Partners and other municipalities.1
Payments come in three installments: after district files state application, after state approval, and when final sale agreement signed.1
Board agenda stated city commits to no sale without further Board approval and General Assembly authorization.1
Unused Millwood Lake water is currently released to downstream parties including those in Louisiana at no charge.1
Who said what
These are statements and claims made by the people involved. They are reported, not verified.
City Manager Tyler Richards Water sale would be single greatest economic impact in city's history.1
How they headlined it
The same event, as each outlet put it. Marked words appear in only one outlet's headline.
Texarkana, Arkansas, board to vote Tuesday on emergency ordinance that would open Millwood Lake water talks with Dallas pipeline company
These outlets were found through Google News headlines. Google decides which outlets appear there, and they lean mostly one way, so this sheet can only be as balanced as the reporting it was built from. Leanings are AllSides Media Bias Ratings.
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