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Along with the Central Austin pressure zones, the South, North and Northwest A zones (pictured in green above), are no longer under a boil-water notice as of mid-day Monday.
The remaining five zones are undergoing state-mandated sampling, with results due tomorrow. Austin Water Director Greg Meszaros said he is hopeful that the notice will be lifted for those areas where it remains in effect during a press conference on Wednesday.
Testing of water began Sunday after the notice went into effect by Austin Water last week and is still in effect for other parts of Austin (in yellow above). The utility issued a boil water notice after a power outage at the Ullrich Water Plant and low pressure system wide occurred amid a historic winter storm event that swept over Texas. Over a hundred public water mains burst or broke, as well as "tens of thousands" of similar events on private property, such as residences and businesses, Meszaros said. "The biggest remaining task we have ... is repairing water main breaks," he added.
According to Austin Water, once the notice is lifted, residents should:
- Run all cold water faucets for one minute.
- Flush automatic ice makers, make three batches of ice and discard.
- Run water softeners through a regeneration cycle.
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Elon Musk has proposed once again to buy Twitter for $54.20 a share.
The news that Musk is offering to carry on with the $44 billion buyout was first reported by Bloomberg. Now, a filing with the Securities and Exchange Commission shows Musk made the proposal in a letter to the tech giant on Monday.
The New York Stock Exchange temporarily halted trading in Twitter stock twice Tuesday, first because of a big price move and the second time for a news event, presumably the announcement of Musk's renewed offer.
While the per share offer price on this latest proposal remains the same as the original offer, it’s unclear if Musk has made other term changes or if Twitter would reject it. According to other reports, a deal could be reached this week.
The stock closed at $52.00/share Tuesday, indicating market uncertainty around the $54.20 offer.
After Musk informed Twitter of plans to terminate the original agreement in July, Twitter sued. A trial has been expected in Delaware Chancery Court on Oct. 17.
With the proposition of a buyout on the table again, it revives the question of whether Musk might move Twitter from San Francisco to Central Texas.
He’s done so with some of his other companies. Tesla’s headquarters in southeast Travis County had its grand opening earlier this year and tunneling business The Boring Company moved to Pflugerville. At least two other Musk companies, SpaceX and Neuralink, have a Central Texas presence without being headquartered here.
Technology journalist Nilay Patel this afternoon voiced concerns that owning Twitter and Tesla together could be problematic for Musk, as his Tesla manufacturing facilities in Germany and China are both in countries that have disputes with Twitter over content moderation and censorship.
Telsa shares fell after the Twitter news became public, before rallying to close up, at $249.44.
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While searching for a place to live, Austin renters will face monthly rates of nearly $3,000, a recent guide from rental marketplace Dwellsy shows.
The median rent in August this year was $2,930, a more than 86% increase since August 2021. That’s $820 more than the nationwide median asking rent in August and puts Austin just below the Bay Area, Boston and New York for large cities with the most expensive asking rent.
“Within this group, Austin, TX stands out for the highest increases in asking rent, which has nearly doubled since this time last year,” the study notes.
Outside of those large cities, however, others are seeing even higher rent spikes. Metro areas that ranked above Austin in one-year increases include those like Kansas City, MO with a 112% change in rent since last August and Tucson, AZ with a 124% change.
The data reflects large apartment communities, single-family homes and 2-6 unit buildings.
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