WESTWOOD NORTH WATER SUPPLY CORPORATION
Updated 50 days ago
- Age: 46 years
- ID: 21024328/127
6310 Weisinger Drive Magnolia, TX 77354
Westwood Subdivision Sections; I, II, III and IV were established in August, 1978. By 1995, approximately 25 homes were located in Sections III and IV compared to more than 1,060 homes and numerous businesses now located on 1488 in these two sections. In 1995, the Westwood Landowners Association (WWLOA) owned the water system for Sections III and IV. Money was tight, and the WWLOA decided to separate the landowners association from the water system to better allocate expenses and revenues. Westwood Waterworks, Inc. (WWI) was created as a nonprofit corporation to continue to provide water to Sections III and IV. The original WWI board of directors was comprised of 3 members: a president, vice-president and secretary/treasurer. The water plant was operated on a contract basis by separate party. After several years of paying state and federal taxes, the board of directors decided to restructure into a member-owned co-operative to reduce the tax burden on the company. In October of 2001,..