The parent companies of Hawaiian Falls in Pflugerville, Texas, are now fully compliant with their performance agreement, according to the Pflugerville Community Development Corporation (PCDC).
The PCDC confirmed in November that Source Capital and Horizon Family Holdings – the owner and operator of the waterpark – had defaulted on their November loan payment.
Amy Madison, interim executive director of the PCDC, said the corporation received Hawaiian Falls’ November and December payments and also received the waterpark company’s January payment early on December 31.
“Hawaiian Falls provided us with all past payments and we’ve already accepted January payment so we’re current on all transactions,” she said. “We’re looking forward to a really great year.”