Six months after the city of Georgetown entered into an agreement with GateHouse Water LLC to expand its raw water resources, both parties have mutually terminated the agreement due to technical and financial issues, according to the city’s website.
What we know
Georgetown City Council members unanimously approved authorizing City Manager David Morgan to sign the GateHouse Water termination during a May 27 meeting, with council members Shawn Hood and Ben Stewart absent.
“The city and Gatehouse mutually agreed that [GateHouse] did not have a feasible financial and operational plan to deliver the water under the conditions of the contract,” a city official said in an email to Community Impact. “The city is looking for ways to leverage our financing and engineering resources to buy out [GateHouse's] assets and develop the project.”













