texastribune.org

SpaceX to Fund Brownsville Water Projects in Exchange for Land Deannexation

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Brownsville could receive up to $220 million from SpaceX for water and wastewater projects after the city agrees to deannex about 445 acres. SpaceX would provide $40 million in escrow, followed by six quarterly payments of $30 million. The funds would support a wastewater reclamation project adding 8 million gallons per day and expansion of a water plant expected to add about 10 million gallons per day, with the deal contingent on same-day approval.

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