Reduced Mortgage Rates Aren’t Enticing Buyers

Though there have been only modest increases in house buying activity, borrowing costs have dropped to their lowest point in over a year.Although mortgage rates have dropped recently, prospective homeowners are exercising caution rather than jumping back into the market to take advantage of the lower rates. According to Freddie Mac, the 30-year fixed-rate mortgage’s average rate this week was 6.47%.

The number of mortgage applications for home purchases is still notably lower, despite the fact that mortgage rates are at their lowest point in over a year. According to the Mortgage Bankers Association, applications rose by just 1% last week and are still 11% lower than they were a year ago.

Joel Kan, the MBA’s deputy chief economist, states that “despite the downward movement in rates, purchase activity only saw small gains, with an increase in conventional purchase applications offset by decreases in government purchase applications.” “In certain regions of the country, the inventory of homes for sale is starting to rise gradually, and potential reductions in interest rates may be delaying the entry of buyers into the market.”

Those who are purchasing a home are saving money, especially as compared to last autumn when the average mortgage rate was significantly higher. For instance, assuming a 20% down payment on a $400,000 property, a monthly mortgage payment at this week’s 6.47% average would equal almost $2,016, according to Jessica Lautz, deputy chief economist at the National Association of REALTORS®. However when interest rates reached a record high of 7.79% in October 2023, the monthly mortgage payment was $3,420. According to Lautz, that is almost $285 more per month than the prices as of this week.

She continues, “Weekly mortgage rates are at their lowest level since May 2023.” The largest drop in mortgage interest rates in a single week has occurred in the last nine months. Those who refrained from purchasing a home while waiting for interest rates to drop: those rates have now dropped.

According to senior economist Sam Khater of Freddie Mac, the drop in mortgage rates should start to entice potential homebuyers and “pique their interest in making a move.” Furthermore, some current homeowners are already taking advantage of the opportunity to refinance thanks to the rate cut; the market share of mortgage applications for refinancing has reached nearly 42%, the largest since March 2022.

Article created from NAR

Padre Island – Corpus Christi Update July 2024

Padre Island is undertaking an inspiring journey,
harmoniously integrating development with conservation
to preserve the essence of our Island.

I am delighted to share a significant development
regarding our cherished Packery Channel and the Michael
J. Ellis Seawall. This summer, we are set to embark on a
transformative project that will see sand moved southward
to expand and enrich the beach along the Michael J. Ellis
Seawall. There is now a secured permit from the Corps of
Engineers that allows for the sand to be moved laterally
along the beach. This initiative comes after careful
planning and coordination. Previously, we were limited to
pushing sand from the dune line out to the mean high tide
line. This restriction led to the natural buildup of sand on
the north side of Packery Channel, where the beach
widens due to the prevailing currents depositing sand at
the jetty.

To address this, starting in September, the careful process
of transporting the sand by truck from its current location
to Ellis Beach will begin. This strategic move will not only
enhance our beach’s aesthetic appeal but also bolster its
useability and resilience against natural forces.

Additionally, I am pleased to announce that funds have
been approved to improve Commodore Park. There has
been an allocated $400,000 to develop detailed designs
for various parts of the park, including phases 1A, 1B, and
2, as well as the Community Center. Initial concepts for a
new skatepark will also be created. This funding still needs
the approval from Council but marks a promising step
towards enhancing our community spaces.
We are committed to ensuring that our beaches and parks
remain beautiful, welcoming spaces for all to enjoy. Thank
you for your patience and support as we undertake these
important endeavors to improve our coastline and the
Island community.
We are also making great strides in improving our Island’s
infrastructure. The City has recently completed work on
Tesoro, Captain Kidd, and Blackbeard streets. Currently,
our city crews are working on Barataria and will soon start
on Coral Vine, Jessamine, Allamanda, Tamarisk,
Seagrape, and Broomsedge. The estimated value of the
streets improvements on the Island performed by in house
city crews is $1.9 million. These upgrades are essential for
ensuring safe and accessible roads for all residents and
visitors.
The City of Corpus Christi is looking for your opinion
through a public survey to help identify potential uses for
existing sales tax money. The survey is set to close on
Sunday, June 23. Your valuable feedback will help shape
our great City. For more information about the Type A

Sales Tax Reauthorization and to participate in the survey,
visit
www.cctexas.com/sales-tax-reauthorization.

As always, I express my appreciation for your steadfast
support and commitment. My door is always open to hear
your voice and concerns. Feel free to reach out at 361-
826-3100 or by email at paulette.guajardo@cctexas.com.

PADRE ISLAND HOUSING REPORT – JUNE 2024

Corpus Christi Association of Realtors has posted the Padre Island Corpus Christi Housing Report for June 2024.

Our active listing median prices have risen the past month to $476,000 which is actually a 10.8% increase from where it was compared to last June at this time! CCAR shows us the data that has risen for active listings t0 49.3% with a total of 327 properties this past month compared to June 2023 while inventory also rose to 10.5 compared to 4.3 last year at this time.

Days on the market for sale decreased this past month with an average of 81 days and the highest categories for sales with 32.4% of all the sales being priced between $500,000 – $749,999. The market is very stable so far into 2024 with properties available across many pricing areas. Padre Island’s newest development Whitecap NPI is open for sales of their lots in Phase 1, Contact Coastline Properties Agent Ms. Amber Spicak at their office for all pre-sales. amber@coastline-properties.com

Forecasts for the June Consumer Price Index report agree that overall inflation continued to soften in June, thanks to falling prices for energy and used cars. Inflation has fallen dramatically from its peak of 9.1% in 2022. Still, the Federal Reserve has said it is awaiting more confidence that price pressures are easing toward its target before it begins to cut interest rates and loosen monetary policy.

Cheri Sperling is the owner of Coastline Properties with a dedicated team of agents specializing in residential listings, sales, and property management in the Padre Island Corpus Christi real estate market. Coastline’s team is the most knowledgeable real estate office on Padre Island. No pressure style, patience, and an intimate understanding of the local market. They go to work for you!

 

Padre Island Corpus Christi June 2024 Data (Click Pic below for Larger Image)

padre-island-corpus-christi-housing-report-June-2024

BBB Scam Alert

BBB Scam Alert: Young adults and recent graduates are common targets for employment scams!

The summer season is an exciting time for many young adults as they enter the workforce
following high school or college graduation. Unfortunately, not all job postings found online
are legitimate and many fraudulent employers specifically target young adults with entry-
level professional positions that offer a high salary and flexible working hours.
BBB’s 2023 Scam Tracker Risk Report found employment scams are the second riskiest
consumer scam in the nation with a median loss of $1,995 and a 5% increase in exposure
as compared to the previous year. In Texas, consumers reported more than $750,000 lost
to these scams since 2023. Across all age groups, employment scams tend to impact those
between 18-34 years old the most.

While the majority of reports BBB receives are regarding fraudulent employers promoting
data entry or package reshipment positions, graphic designer, secret shopper, and human
resources offers are also frequently used. All reports include a work-from-home or remote
working capability, often with flexible working hours and an hourly or monthly pay
significantly higher than standard.

Contact is made most often through email from someone claiming to represent a made-up
or impersonated company who came across the recipient’s email through a job board,
LinkedIn, or in response to an application they sent in. Shortly afterward, the conversation
will move to an online messaging system such as Skype or Telegram to arrange and
conduct an interview. The interview is conducted entirely through text and finishes with an
immediate job offer starting the very next day. After accepting the job offer, employment
scams progress down different paths depending on the position and industry.

To help identify fraudulent jobs for the most common types of positions, BBB provides the
following breakdown for two broad categories:
Data Entry, Administrative Assistant, Clerical or Secretarial Positions
Fake checks are a common tactic for these positions in an employment scam. Once an offer
is accepted, the scammer claims that the company will provide them with a check they can
use to set up their home office. The check is either emailed or mailed directly to the
employee’s address, and they follow instructions to deposit it into their account and provide
proof afterward.

Once deposited, the scam may progress down two different paths:
 The representative claims that a mistake on the check resulted in the employee
being overpaid. They often blame this on a logical typing error, such as accidentally
adding an extra zero, so $300 became $3,000. The scammer asks the new employee
to return the extra money immediately through a direct payment method such as
mobile banking app, gift card or wire transfer.
 The representative will direct the employee to a third-party vendor they must use to
purchase their office equipment. The website often appears legitimate, and the
employee can easily find all the required products. When it comes time to pay, the
total cost precisely matches the amount of money provided in the check, and the
employee inputs their banking information to finalize the purchase.
In either case, the victim's bank eventually detects the check as a fake, and the employee
loses the amount of money they returned or used to purchase the office equipment, which

is never received. When they try to contact the representative again, all messages go
unanswered and social media profiles previously used to establish credibility are
deactivated. Additionally, banks often freeze, or in worst cases cancel, the accounts
associated with a fraudulent or counterfeit check deposit as a precautionary measure,
resulting in additional challenges the victim must overcome when recovering.
Package Reshipment, Quality Inspection or Product Distribution Positions
All these positions require from an applicant is a valid home address and their time, making
them very appealing to a wide range of people. They often advertise a base monthly pay
between $2,000 – $4,000, with additional bonuses per package shipped to its next
destination. Most victims who encounter this scam receive and ship packages as they expect
until it comes time for their first paycheck – only they never receive any money. When they
attempt to log in to an employee dashboard, they find their account locked and all their
messages go unanswered.
According to the FBI, reshipping scams can involve con artists who use stolen credit cards to
buy expensive items. Instead of shipping the item directly to their address, they use a “re-
shipper” to send the package overseas. Package reshipment positions may also be handling
stolen goods or laundered money, resulting in victims of this scam unknowingly
participating in illegal activity.

Avoiding Employment Scams
Evaluate work-from-home opportunities. The transition to remote work has created
many opportunities for legitimate and fraudulent businesses. While many work-from-home
job openings are honest, it is essential to critically evaluate the hiring process of any
company offering this type of employment. Be wary of companies that require the applicant
to download a specific mobile app to communicate, conduct the entirety of the interview
through text or chat, or do not provide a physical address for the business.
Verify contact details. BBB recommends verifying that the address provided matches the
business and that the phone number is in service. It is common for scammers to use
addresses for vacant lots or other companies and a phone number that is either fabricated
or not in service. At a minimum, verify that at least two contact methods will get you in
touch with company representatives.

Research the company. Spend time researching a company's reputation and legitimacy
before agreeing to work for them. Check BBB.org to see if they are listed, and search online
for reviews from previous employees or customers. If the offer is coming from a well-known
company, check their official job board to verify the position is listed and use the posted
contact methods to reach out to the hiring team.

Be wary of immediate offers and start dates. Any pressure to sign or onboard
immediately indicates that the company may not be legitimate. Choosing a place to work is
an important decision that most legitimate companies understand requires time to consider.
Be especially wary if the position is offered without an interview or promises a significant
income if the employee pays for coaching, training or certifications. If the hiring team
threatens the job will go to the next candidate unless you make an immediate decision, it
might be best to walk away.
For more information visit BBB.org.

PADRE ISLAND CORPUS CHRISTI HOUSING REPORT MAY 2024

Corpus Christi Association of Realtors has posted the Padre Island Corpus Christi Housing Report for May 2024.

Our active listing median prices have risen the past month to $495,000 which is actually a 8.7% increase from where it was compared to last May at this time! CCAR shows us the data that has risen for active listings by 63.8% with a total of 308 properties this past month compared to May 2023 while inventory also rose to 10.5 compared to 4.3 last year at this time.

Days on the market for sale rose this past month with an average of 92 days and the highest categories for sales with 47.4% of all the sales being priced between $500,000 – $749,999. The market is very stable so far into 2024 with properties available across many pricing areas. Padre Island’s newest development Whitecap NPI is open for sales of their lots in Phase 1, Contact Coastline Properties Agent Ms. Amber Spicak at their office for all pre-sales. amber@coastline-properties.com

Previous monthly figures for 2024 have seen 0.3% to 0.4% for both monthly and core inflation. Core inflation excludes food and energy price changes. For May’s figures now casts from the Cleveland Federal Reserve estimate that headline monthly inflation will be 0.08% and core inflation 0.3%.

Cheri Sperling is the owner of Coastline Properties with a dedicated team of agents specializing in residential listings, sales, and property management in the Padre Island Corpus Christi real estate market. Coastline’s team is the most knowledgeable real estate office on Padre Island. No pressure style, patience, and an intimate understanding of the local market. They go to work for you!

 

Padre Island Corpus Christi May 2024 Data (Click Pic below for Larger Image)

padre-island-corpus-christi-housing-report-may-2024

National Post Traumatic Stress Disorder Awareness Month

Each year, the month of June is designated as National Post-traumatic Stress Disorder
(PTSD) Awareness Month. This awareness month began as a way to educate communities about
PTSD and provide support and resources to those individuals living with this condition. PTSD is
a psychiatric disorder that can occur following the experience or witnessing of a life-threatening
event such as military combat, natural disasters, terrorist incidents, or serious accidents. People
who suffer from PTSD often relive the experience through nightmares and flashbacks, have
difficulty sleeping, and feel detached or estranged. These symptoms can be severe and can last
long enough to significantly impair the person’s daily life. An estimated 6 percent of Americans
will experience PTSD at some point in their lives. According to the U.S. Department of Veteran
Affairs, around 4% of men will develop PTSD while 8% of women will develop PTSD which
means women are twice as likely as men to have PTSD.

It is important to recognize that PTSD can affect people from all walks of life and all age
groups. However, our military personnel are disproportionately affected due to their exposure to
potentially traumatic events during combat. Consequently, the US Veterans Administration (VA)
created the National Center for PTSD to advance the clinical care and social welfare of
America’s Veterans and others who have experienced trauma, or who suffer from PTSD, through
research, education, and training in the science, diagnosis, and treatment of PTSD and stress-related disorders.

For more information on the VA’s PTSD Center, you can visit
https://www.ptsd.va.gov/index.asp.

Another great organization that provides support to our Veterans is the PTSD Foundation
of America. This non-profit organization is dedicated to mentoring combat veterans and their
families with post-traumatic stress. An important resource they provide is Camp Hope: Interim
Housing for Veterans. Camp Hope opened in 2012 and is in Houston, TX. In addition to
temporary housing, Camp Hope offers a 90+ day PTSD recovery program in which residents:
attend group lessons and support sessions with other combat veterans; conduct individual
mentoring sessions with certified combat trauma mentors; participate in off-site small group
interaction activities (fishing, hiking, local activities and events); and get involved with local
churches, businesses and volunteer organizations to assist in their personal healing and educating
the community on the invisible wounds of war. To learn more about this great program, you can
visit https://ptsdusa.org/camp-hope/

It is important to raise awareness for everyone with PTSD to know the treatment options.
We can make a difference in the lives of everyone who has experienced trauma. There is a
Veterans Crisis Line, which can be reached at 1-800-273-8255, then, press 1. For more resources
visit https://www.tvc.texas.gov/mental-health/

If you have questions regarding any of the information mentioned in this week's article,
please do not hesitate to call my Capitol or District Office. Please always feel free to contact my
office if you have any questions or issues regarding a Texas state agency, or if you would like to
contact my office regarding constituent services. As always, my offices are available at any time
to assist with questions, concerns, or comments (Capitol Office, 512-463-0672; District Office,
361-949-4603).

– State Representative Todd Hunter, District 32

Rep. Hunter represents Aransas County and Nueces County (Part). He can be contacted
at todd.hunter@house.texas.gov or at 512-463-0672.

WE LOVE MAILBOX MONEY

Anyone else sit at home and blast Jimmy Buffet radio through the surround sound? Mailbox Money is one of my personal favorites. He’s got the right idea: Invest in a piece of paradise, rent it, make (more than) a few bucks! With the housing market being as strong as it is right now, most buyers are losing out on the rat race – they WANT to be here, but (1) cannot afford to buy in this high seller’s market; (2) are attempting to purchase but continue to not be “the chosen one” in the multiple offer scenarios presenting with most properties for sale; (3) are unsure as to how long they’ll be able to spend away from their homestead; or (4) just want to get a feel for the Island before purchasing themselves.

These folks want to RENT! They want to give YOU their MONEY!

Spring and Summer are often pique times to consider selling and buying, especially now with the population AND popularity of the Coastal Bend rapidly increasing. Demand is HIGH and for good reason. Travel is becoming increasingly more accessible, and many are still working remotely and want to do so from our Island. Two really huge reasons to jump in and both buy and sell while the flocks are flocking.

So WHAT makes real estate such a powerful investment, not only now in the current market, but long-term?

WHAT:

If checking that mailbox for a monthly check is what has your face morphing into the heart eye emoji, then you’re asking yourself, “what are the elements of value to an investor?” Well, that depends on commitment: Do you intend on having a long-term or short-term investment? You also need to do your due diligence on rental rules – single-family homes must have a 30+ day minimum; however, most condos will allow vacation rentals. Ask your agent for the specifics on each property you have your eye on to ensure it aligns with your goals.

Property values and their projected appreciation may play a large role in your (a buyer’s) intentions. This past year is a prime example of how quickly appreciation can happen – and may likely continue on that upward trajectory. Tax depreciation, capital gains, and inflation hedge may also play a role in values. As important as these matters are, they may be a little snooze-worthy. So let’s make it quick.

Let’s take a look at each of these potential advantages:

Projected Appreciation: This is a percentage that estimates what your property will be worth in the future. Of course, nothing is ever promised, but the numbers could aid in the decision process.

Tax Depreciation: COULD help you maximize your tax savings. This is the depreciation that can be listed as an expense on a tax return, the gradual charging to expense of a fixed asset’s cost over its useful life.

Capital Gains: Another key tax advantage of owning an investment property. Capital gains on investment real estate is the difference between the sales price and the cost of purchase and improvements. They’re taxed at either a short-term rate or a long-term or reduced rate.

Inflation Hedge: This has to do with the rent that’s charged to the tenant. Some leases have provisions for rent increases to be indexed to inflation. In other cases, rental rates are increased whenever a lease term expires and the tenant is renewed. Either way, real estate income tends to increase faster in inflationary environments, allowing an investor to maintain its real returns.

Selling: When rental properties are sold, the proceeds can be rolled into other rental properties without paying capital gains taxes. This is called a 1031-Tax Exchange.

Now, most of you are probably thinking “This sounds great, but I can’t afford that…” Fortunately for many of us, you don’t have to be a part of the ultra-rich to own an investment property! After all is said and sold, as long as your rental income exceeds your monthly expenses, you WIN!

Here are some helpful tips that may guide you in the right direction:

  1. Work with an agent who is knowledgeable about the area. Here in our Coastal Bend, most agents are accustomed to working with investors/second home buyers.
  2. Know what the seller’s main goals are. That alone will give you a leg up on any offer you send their way. If they’re money-driven, offer over the asking price. If they need a long close and a lease-back, offer that. Extra Earnest Money? You get the idea.
  3. Spend time doing your research and asking your agent the property questions. Which is the right neighborhood for your needs, the costs of maintenance, HOA dues, taxes, insurance, etc.
  4. Have money. This may seem obvious but daunting, so let me explain that it doesn’t mean millions in the bank. Paying cash may give you a leg up, but many buyers will need a loan – your lender’s underwriter needs to see that you have adequate reserves (as often your down payment will be larger for a second property).
  5. Consider your debt-to-income ratio. It cannot be too high.

If you are at all capable, dive in. The options and advantages can far outweigh the fear of dabbling in real estate investing. If you live here, you know the magic of the Island – now is the time to capitalize on the growing rental market. Let not “checking the mail” be a chore – Cash in!

PADRE ISLAND HOUSING REPORT – APRIL 2024

Corpus Christi Association of Realtors has posted the North Padre Island Housing Report for April 2024.

Our active listing median prices have slightly dipped the past month to $460,000 which is actually a 17.4% increase from where it was compared to last April at this time! CCAR shows us the data that has decreased slightly for active listings by 71.3% with a total of 286 properties this past month compared to April 2023 while inventory Has stayed stable at 9.6 compared to 3.7 last year at this time.

Days on the market for sale decreased this past month with an average of 80 days and the highest categories for sales with 32.4% of all the sales being priced between $400,000 – $499,999. The market is still staying very stable so far into 2024 with properties available across many pricing areas. Padre Island’s newest development Whitecap NPI is open for sales of their lots in Phase 1, Contact Coastline Properties Agent Ms. Amber Spicak at their office for all pre-sales. amber@coastline-properties.com

The April 2024 Consumer Price Index (CPI) report rose by a softer-than-expected 0.3% month-over-month (MoM) and 3.4% year-over-year (YOY). Inflation eased as smaller gains in services (e.g., food services) costs offset the continued strong rises in rent and gasoline prices.

Cheri Sperling is the owner of Coastline Properties with a dedicated team of agents specializing in residential listings, sales, and property management in the Padre Island real estate market. Coastline’s team is the most knowledgeable real estate office on Padre Island. No pressure style, patience, and an intimate understanding of the local market. They go to work for you!

 

North Padre Island March 2024 Data (Click Pic below for Larger Image)

north-padre-island-housing-report-april-2024

PADRE ISLAND GOLF CART AND SIDE-BY-SIDE (UTV) RULES OF THE ROAD

Golf Carts and Side by Sides (UTV) are motor vehicles and must follow all road rules. Equipment requirements and driving restrictions apply to these vehicles that do not apply to passenger vehicles, including:

  • A reflective orange, slow-moving vehicle triangle must always remain visible from the vehicle’s rear.
  • State of Texas tags are required, a golf “cart tag” for golf carts, and an “off-highway” tag are required for side-by-sides. You may purchase tags from the City of Port Aransas, or the City of Corpus Christi for a one-time fee under $15.00, this is a lifetime state tag (one per vehicle). You must present a bill of sale, or title with the vehicle serial number, and a valid driver’s license. Proof of insurance is not required to register your vehicle.
  • Headlights, taillights, and rearview mirrors are required. Seat belts, turn signals, brake lights, and a horn are optional. All drivers must use proper hand signals if their vehicle avoids brake lights and turn signals.
  • Driving on or paralleling a State Highway including – SPID (South Padre Island Drive), including the grass and the side of the road, is prohibited. Hwy 361 towards Packery Channel includes crossing the intersection from Commodores over SPID. By driving in these areas you could receive a $500.00 fine for violators.
  • Driving on any road with a speed limit of over 35mph is prohibited.
  • Drivers must be at least 16 years of age and possess valid driver’s licenses.
  • Seat belts are recommended, but not required for all drivers and passengers, children of appropriate ages are encouraged to use car seats.
  • Always drive on the right side of the road to allow vehicles to pass by unless turning left or the traffic signs direct you differently.
  • A Beach Permit is required on most beaches and can be purchased for $12 at any of the gas stations on Padre Island.
  • The speed limit on all parts of the beach is 15 mph. All Parts! Beach line driving (where the water meets the beach) is dangerous. For the safety of beach pedestrians, drive only on the established passenger vehicle paths up next to the dunes.
  • Driving on or in the dunes is strictly prohibited by law.
  • Always drive safely and responsibly – and Have Fun!

Courtesy of, and brought to you by Fantasy Customs, a PIBA Member

Corpus Christi’s Long-Term Water Needs

Addressing Corpus Christi’s Long-Term Water Needs

By Drew Molly, P.E., Chief Operating Officer of CCW

We all need water to survive, and communities are no different. Without water, communities are not able to
grow and thrive, let alone survive, so its importance to all of us cannot be overstated.
As a coastal community, Corpus Christi has a long, rich history, but none of this would have been possible
without the availability of fresh water. For years, communities in the Coastal Bend have relied on rivers and
manmade reservoirs to meet all of their water needs. However, as more people and businesses have found
their way to our region, this has put greater demands on all public services, including the availability of water.
Only relying on Mother Nature to consistently provide enough rainwater for Corpus Christi to prosper and
grow is no longer a viable solution. This is especially the case when considering the prolonged drought in our
Nueces River Watershed, and the direct impact it has on the reservoir levels of Lake Corpus Christi and Choke
Canyon.

Unfortunately, both the near- and long-term outlooks for getting enough rainfall to address the ongoing water
shortage are not promising. This is why many communities in South Texas are looking at ways to secure
reliable, drought-proof sources of water. Corpus Christi is leading this effort by proceeding with plans to build
a seawater desalination plant along the Inner Harbor that, when operational, will supply up to 30 million
gallons of clean water daily.

Adding this amount of new water to the current system is significant, as CCW (Corpus Christi Water) is
responsible for supplying water to more than 500,000 people in seven counties in the Coastal Bend. The city’s
existing sources of water – the Nueces, Lavaca Navidad and Colorado rivers and related reservoirs – will
remain important, but the addition of a high-capacity desalination plant that consistently generates millions of
gallons of clean, drinkable water will positively counteract the impacts that droughts are having on the system.
It should also be emphasized that the Inner Harbor Seawater Desalination Treatment Plant will be a much
needed second water treatment plant. The entire region depends on one water treatment plant, which was
constructed in 1954 and had one additional treatment module added in 1981. While this facility continues to
operate well, it is time for the Region to add a second facility that provides a completely new and drought-
proof water supply.

The stakes are high, but much thought and research has gone into the process, which is nearly 20 years in the
making. Besides adding much-needed water to the local supply, the new desalination plant will be fully
integrated into the city’s existing infrastructure and regional system, as well as lead to improvements in the
local power grid and create an estimated 3,500 construction-related jobs.
This is all being done in a fiscally responsible, sustainable way that ensures we have a resilient water supply for
years to come. Great care is also being taken to be environmentally responsible. In short, we are utilizing
science and data to make sure the project is safe for sea life and will have minimal impact on our existing
waterways.

Bottom line, seawater desalination is a sustainable and responsible solution that not only helps us meet the
city’s current and future demands for water, but it also provides a reliable, cost-effective and drought-proof

source of water for years to come using technology that is currently being used worldwide by many other
communities. To learn more about this important project, visit www.desal.cctexas.com.