City of San Antonio v. Lower Colorado River Authority

OPINION

DAVID PURYEAR, Justice.

The City of San Antonio, acting by and through the San Antonio Water System (“SAWS”), sued the Lower Colorado River Authority (“LCRA”) and its directors for breach of contract. SAWS and LCRA entered into a contract under which SAWS would finance a project to increase the usable water output from the Colorado River in exchange for the right to buy some of the output from LCRA. The parties spent several years planning the project under certain parameters before LCRA declared that some parameters had to change. SAWS filed suit, alleging that LCRA breached the…