Page 47 - City of Westlake FY20 Budget

Section 1 Executive
Community Profile

The 1980’s …
In the mid-1980s, IBM built Solana, the multi-use office
complex. IBM maintained a large presence for over
10 years. At that time, several of the office buildings
became available for use by other corporations.
Eventually, IBM sold its partnership interest.

The 1990’s …
In 1989, Nelson Bunker Hunt declared
bankruptcy and the Circle T Ranch was
purchased by Ross Perot Jr. in 1993. In 1997,
to the dismay of residents, there was an
attempt to dissolve the Town of Westlake.
Many court battles, including appeals to the
Texas Supreme Court, were waged as
emotions rose. Ultimately Town leadership
prevailed. In 1999, the Town hired the first
professional manager to oversee operations.

2000 The Westlake Historical Preservation Society was established for the purpose of recording and preserving
the rich history of the Town of Westlake.

2002 VIP’s and residents of Westlake gather at the site of the new Westlake Academy to help raise the first
wall of the school. Westlake approved the purchase of the first fire truck and ambulance. Westlake
Historical Preservation Society holds the first Annual Decoration Day on Memorial Day. Westlake
Academy opens.

2006 Celebrations began to commemorate the 50th anniversary of the incorporation of Westlake in December
1956.

2007 The Town of Westlake dedicated and sealed a time capsule containing a variety of special items. This
time capsule will remain sealed until September 8, 2057, during the town's 100th anniversary
celebration.

2009 Deloitte University announces Westlake as the site for its $300 million learning and leadership center.
Westlake Academy Arts & Sciences Center was completed.

2010 Westlake’s first gas well was successfully drilled in Solana.

2011 New retail growth began along the Town’s western boundary with construction of a new Quick Trip
convenience store and a Centennial Fine Wine & Liquor store.

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