Updates

LAKEWAY, Texas—The Lakeway Municipal Utility District’s Board of Directors unanimously approved a resolution Wednesday, May 6, in support of proposed legislation by state Sen. Kirk Watson, D-Austin. The MUD board’s action indicates agreement with the City of Lakeway on the compromise legislation, which would allow all qualified voters living within Lakeway MUD and within Sections…

LAKEWAY, Texas—Once again, the Lakeway Municipal Utility District has received high marks from a bond-rating agency. Moody’s Investors Service, one of the top bond-rating agencies in the country, upgraded the Lakeway Municipal Utility District’s long-term bond rating to A1 from A2, affecting $7.3 million in outstanding general obligation debt. Moody’s said the upgrade reflects the…

LAKEWAY, Texas—Drinking water from the Lakeway Municipal Utility District was acclaimed as the Best-Tasting Drinking Water in Texas at the state’s premier water event. Texas Water 2009, held in Galveston, was a joint conference hosted by two of the state’s largest water associations—the Water Environment Association of Texas and the Texas Section of the American Water…

LAKEWAY, Texas—The Lakeway Municipal Utility District has earned one of the highest bond ratings possible from Standard & Poor’s, Lakeway MUD announced. The AA-minus rating from Standard & Poor’s, one of the top bond-rating agencies in the industry, could result in Lakeway MUD gaining lower interest rates on $5.87 million in general obligation bonds it…

LAKEWAY, Texas—The Lakeway Municipal Utility District (MUD) has launched a petition drive in opposition to the City of Lakeway’s proposed MUD takeover. Copies of the petition are available at Lakeway MUD’s offices at 1097 Lohmans Crossing Road. People also can sign an electronic version of the petition at wordpress-179349-674551.cloudwaysapps.com/petition [no longer an active link]. For…

LAKEWAY, Texas—To better serve its customers and the public, the Lakeway Municipal Utility District (MUD) on April 2 launched a substantial overhaul of its Web site, www.lakewaymud.org. The new Lakeway MUD site is designed to be easy to use and easy on the eye. The color palette for the new site features earth tones—blue, green…

LAKEWAY, Texas—Seventy-six percent of people living in and around the Lakeway Municipal Utility District (MUD) believe the district should remain an independent, nonprofit water and wastewater service provider as long as it keeps meeting customers’ needs, according to results of a new survey. In fact, 86 percent of the people surveyed believe that the City…