Pecos River Compact Commission (Tex.)

In 1949, Texas and New Mexico agreed to the Pecos River Compact which allocated the water of the Pecos River between the two states. In 1973, Texas filed suit claiming that New Mexico had violated the terms of the agreement in that between 1952 and 1972, New Mexico had failed to deliver more than one million acre-feet of water. In 1987, the Supreme Court determined that the delivery short-fall was 340,100 acre-feet. Texas then sought repayment of this amount of water delivered over a 10-year period, or, in the alternative, damages up to $900 million. Negotiations between the two states were conducted up until early 1989 when it was announced that Texas would accept a cash payment of $14 million for violations of the 1949 Pecos River Compact.