Updated 1:42 p.m. to correct ownership of park and land The Pflugerville City Council and Pflugerville Community Development Corporation will hold a joint special meeting 6 p.m. Thursday to consider options to implement new management for Hawaiian Falls Pflugerville water park. According to the city of Pflugerville, Source Horizon, LLC, which took 0ver operation of the park from Harvest Family Entertainment in May 2015, defaulted on their negotiated agreement with the PCDC failing to make scheduled payments. “Our goal with the water park has always been to provide a positive experience for residents and guests, and while we have not fully achieved that goal, opportunities exist for us to maximize the guest experience,” PCDC Executive Director Amy Madison said. “The PCDC is fully aligned with the Pflugerville City Council in making sure our park meets and exceeds all expectations and is an excellent representation of our community.” The PCDC took out $25 million dollars in loans to help build the park in 2013. Hawaiian Falls operated the facility and paid the loan and interest payments to the PCDC. The city and the PCDC have searched for alternatives to Source Horizon LLC’s operation of the park for more than a year, according to the press release. “We share the community’s concerns about Hawaiian Falls as it is currently operated,” Pflugerville City Manager Brandon Wade said in a statement. “With the right operator, we see potential for a beautiful water park offering a safe, family-friendly environment and high-quality guest experiences. The City Council and PCDC are working together to find the best solution for Pflugerville.”