The PUA was formed in 2012 through concurrent ordinance of Hays County, the City of Bee Cave and West Travis County Municipal Utility District No. 5, and is governed by Chapter 572 of the Texas Local Government Code. The PUA purchased its water and wastewater system in 2012 from the LCRA for $165,000,000. Bonds were sold in 2012, 2013, 2015 to make installment payments for the purchase. The final installment payment of $15,000,000 was made in 2019.
