PLAINVIEW - Texas Panhandle leaders inked contracts purchasing $103 million of water rights from business tycoon T. Boone Pickens on Thursday, securing, they believed, water supplies for their residents into the next century.
PLAINVIEW - Texas Panhandle leaders inked contracts purchasing $103 million of water rights from business tycoon T. Boone Pickens on Thursday, securing, they believed, water supplies for their residents into the next century.
Lubbock's chief water supplier will purchase water rights beneath 211,000 acres held by Pickens' Mesa Water company. Lubbock will spend roughly $35 million on the deal that makes the Canadian River Municipal Water Authority easily the largest water rights holder in Texas.