Why did LCRA choose a portion of Pierce Ranch as the preferred site for the holding basin?
• First, siting studies show this location is a good choice that appears to have similar or fewer environmental, land use, technical and financial impacts than other sites studied. • Second, the owners of Pierce Ranch are willing to sell the land, which local residents and community leaders told LCRA was an important consideration. • Third, LCRA already had acquired an option in 2000 to buy land at Pierce Ranch for use as a water storage facility. What are the details of the agreement with Pierce Ranch? The owners of the ranch have signed a preliminary agreement in which they have agreed to provide LCRA an option to purchase about 4,200 acres of the ranch for the holding basin and intake structure, pumps and pipelines from the river to the holding basin. The purchase price will be determined at the time LCRA exercises the option to purchase the land. How big will the proposed holding basin be? It is too early to know the actual size or design of the proposed holding basin. LCRA will de
