The Lone Star Groundwater Conservation District Board of Directors approved execution of a Compromise and Settlement Agreement with the City of Conroe, Quadvest, L.P., and other Utilities that would end the protracted litigation over the validity of a provision in the District’s Regulatory Plan requiring Large Volume Groundwater Users (“LVGU”) to reduce their groundwater production by thirty-percent (30%).
The terms of the Compromise and Settlement Agreement remained confidential and only became effective if approved by all parties. When the City and Utilities approved the Compromise and Settlement Agreement on January 24, 2019, the agreement became official.
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