Annexation Update

Annexation Update

The Lost Creek Municipal Utility District and City of Austin are continuing to negotiate the terms of a possible Strategic Partnership Agreement (SPA) that might delay annexation.

Upon the conclusion of these negotiations the District will communicate the provisions of the SPA to residents, property owners, and other customers of the Lost Creek MUD at two public hearings (tentatively set for May 12 and May 17, 2007). These hearings will also provide an opportunity for affected parties to communicate their thoughts on the SPA to the District’s Board of Directors.

The City of Austin will separately conduct public hearings for its own residents and customers in the near future. It is not necessary for Lost Creek residents to attend the City hearings.

Both the Lost Creek Municipal Utility District and Lost Creek Neighborhood Association will issue further notifications to Lost Creek residents and property owners and customers of the Lost Creek MUD after the completion of ongoing negotiations.

posted: Tuesday, May 01, 2007