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News

Hawaiian Falls parent company misses lease payment

Published on November 11, 2015 under CommunityImpact

Updated November 11 at 5:20 p.m.   Pflugerville City Manager Brandon Wade and city staff confirmed that Hawaiian Falls’ parent companies had never submitted a late payment prior to October’s missed payment. Wade noted that any lapse in payment from Hawaiian Falls would not affect city finances or residents because payments on the PCDC’s $25 million loan for the water park project are taken directly from sales tax revenue and the remainder of those funds serve as the PCDC’s operating budget.

The post Hawaiian Falls parent company misses lease payment appeared first on Community Impact Newspaper.

Source: Community Impact- Round Rock

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