Find Real Estate Agents and Homes for Sale


Real Estate News --> Texas News

Texas Close To Gaining First Reservoir In 20 Years


“People are losing their homes and their way of life ... spokesperson for the North Texas Municipal Water District. The massive price tag for the reservoir is going to be paid by the district through loans from the Texas Water Development Board ...


Archived Story

Life in the rural, North Texas county of Fannin is about to change in a big way as construction begins on Texas’ first new reservoir in nearly two decades The Bois d’Arc Creek Reservoir is expected to eventually provide water for 1.7 million people serviced by the North Texas Municipal Water DistrictBut first, nearly 2,000 workers will converge on the 10,000-person county seat of Bonham during the five-year project that will create a 16,641-acre lake in the backyard of the town by 2022, said City Manager Sean PateBonham "is expecting something like an oil boom to come with the construction,” Pate said“Then, we expect people to stay because of … Texans’ fascination with lakesThis is going to create a lot of changes in our community.” The last time a major reservoir was constructed in Texas was 1999, and water-supply reservoirs seemed to be going out of fashion as environmental regulations tightened and different avenues for water supply opened up. The Bois d’Arc Creek Reservoir could point to a changing tide in the search for additional drinking water resources, said former Texas Water Development Board Chairman Bech Bruun, who oversaw the agency when it approved the project's plansBut in the rural Fannin County land that’s slated to become a lake bed, opposition to the reservoir is stronger than ever“They have water already, and they just want to build this reservoir for inessential uses,” said Harold “Thump” Witcher Jr., a Fannin County farmer and rancher whose land is located in the lake’s planned boundary“They want to turn it around and take people’s farm and ranch land away so people can water their lawns.”  Landowners like Witcher are likely out of options to block the reservoir because the U.SArmy Corps of Engineers issued the final federal permit earlier this month for the water district to begin constructionFannin County won’t receive most of the reservoir's drinking water, which will be piped 35 miles away to a treatment plant in Leonard and will provide water to much of northeast Dallas, but the county — and the city of Bonham — are expected to experience the most direct economic impact from the lakeThe lake will increase housing values and generate roughly $20 million annually in recreational economic activity in Fannin, according to a study done by the Army Corps of Engineers before it issued the final federal permitThe anticipated economic upside has city and county officials excited about the reservoir, despite the adjustments to daily life that may be needed, Pate saidThe planned lake is expected to draw boaters, fishers and sightseers to the area, Pate said“There are definitely some challenges that come with a population jolt,” he said“A lot is going to change, but there’s just too much good to come from a project like this that it outweighs any of the drawbacks.” Witcher said there’s a disconnect between what local leaders and average citizens think about the reservoir“The Bonham City Council and the mayor all think it’s going to be the finest thing in the world, but if you actually talk to the populace themselves, they’re actually not that in favor of it,” he said“People are losing their homes and their way of life, and people need to remember that this is a water reservoir, not a recreational facility.” Construction will begin in the coming months on the reservoir, which is expected to cost $1.2 billion, said Janet Rummel, spokesperson for the North Texas Municipal Water DistrictThe massive price tag for the reservoir is going to be paid by the district through loans from the Texas Water Development Board’s State Water Implementation Fund for Texas. The board has approved  two loans of more than $500 million, the most recent on Feb15The loans will be paid back over several decades by raising water rates in the district, Rummel said“It’s one of the bigger price tags that we’ve seen in Texas in recent history in terms of water infrastructure,” said BruunPart of the price will go toward acquiring the land needed for the dam and reservoir from Witcher and his fellow landownersHe estimates 200 people live in the areaThe water district has already purchased 85 percent of the land necessary for the reservoir, Rummel saidWitcher said he has not begun negotiating with the companyIf he refuses to sell his property, the state government could use the power of eminent domain to acquire it"I’m not doing anything until I’m forced to leave, but right now we’re kind of just dead in the water," Witcher saidConstruction on the dam is expected to take three years, followed by another two years for the lake to fillThe region is currently enduring a moderate drought, but Rummel said the dry conditions shouldn’t affect the timeline of the project, assuming the rain returns by the time the dam is completedAs Texas heads toward building its 189th major water-supply reservoir, the rural farmers and ranchers of Fannin County are bracing for change as their land becomes a water source for the Dallas suburbs"I’m going to retire at the end of March, and my whole dream my whole life has been to retire and live here and enjoy my place finally," said Witcher, whose family has owned the land since 1865"I’m going to have to moveI don’t know what I’m going to do and how this is all going to shake out." The Texas Tribune provided this storyTags: North Texas Municipal Water DistrictBonhamTweetShareGoogle+Email

Trending Texas News:


  • Houston, Texas Housing Market Forecast 2017
  • Google Fiber ready to hook up some homes in San Antonio
  • Marcus Hiles – CEO of Western Rim Talks On Dallas’ Changing Real Estate Scene
  • GE Oil & Gas Takes Down 182,000 square feet
  • Spirit Realty Capital Commences Private Offering of Senior Unsecured Notes
  • Dallas & Area Real Estate in 2017? Boring old Normal.
  • Record Home Sales: Best March Ever in Houston Real Estate History
  • Houston first-quarter home prices outpace most Texas cities
  • Police say a 'serial bomber' is on the loose in Texas — here's why people are comparing them to the Unabomber
  • Real Estate Investors Target College Towns…Maybe You Should, Too
  • Texas hot air balloon victims were celebrating anniversaries and birthdays
  • Texas Trust Credit Union achieves $1 billion in assets
  • Texas ranches on the market, just in time for holiday shopping season
  • Transactions & Financings: Ensign Buys Two Communities in Texas
  • Did Abbott Let Scammy Trump U Off Easy? This Ex-AG Staffer Says He Did
  • DCT Capital Fund Launches Its Investor Portal and Educational Real Estate Website
  • Texas-based firm plans apartments on Rainier
  • Bastrop, TX Homes For Sale & Real Estate
  • 'Boom' at Baytown plant shakes neighboring homes
  • What you can buy in real estate around the world for $700,000