In January 1979, CWA issued and sold $10 million of Special Project First Mortgage Revenue Bonds and purchased the Bayport Water System Project from Friendswood Development Company.

The Bayport Water System is a special project of CWA designed to provide facilities for the transportation of water purchased from the City of Houston at CWA’s Bayport Reservoir. The present Bayport System was constructed in stages between 1965 and 1977. The System currently transports an average of 31 MGD to 38 industrial customers in the Bayport Industrial Complex.