(January 11, 2016, 10:10 AM EST) -- GIDDINGS, Texas — A Texas groundwater conservation district on Dec. 21 approved a settlement that ends a lawsuit against it by a real estate development company that sought operating and transport permits for municipal water service (Forestar [USA] Real Estate Group, Inc. v. Lost Pines Groundwater Conservation District, et al., No. 15,369, Texas Dist., Lee Co.).

(Forestar settlement agreement available. Document #95-160114-005P.)

Forestar Group (USA) Real Estate Inc. applied to the Lost Pines Groundwater Conservation District for operating and transport permits for 10 wells in Lee...