Expected: CRMWA issues debt to build CRMWA II (MOU target 2034)
PendingScheduled; has not yet occurred.
Under the MOU's timeline, CRMWA would issue debt to construct CRMWA II in 2034, with construction estimated at about four years. The MOU states that each member city's council is required to approve CRMWA's debt issuances.[1][2]
Projection: the MOU's timeline would require CRMWA to issue debt to construct CRMWA II in 2034; the rate consultant likewise anticipated additional debt for CRMWA II in 2034. Under the MOU, each member city council, including Amarillo's, must approve CRMWA debt issuances. The MOU is non-binding and states plans could change with drought, infrastructure conditions or demand.[1][2]
