Page 18 - TownofWestlakeFY25BudgetOrd1005

1960s

In 1969, the Circle T Ranch was purchased by oil
millionaire Nelson Bunker Hunt. The ranch became
known for its glamorous parties attended by celebrities
from all over the world.

1980s
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.

1990s
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.

2000s

In 2003, the Town of Westlake established Westlake
Academy. Westlake Academy is the only municipally-
owned open enrollment charter school in the State of
Texas. The Academy is its own financial reporting entity
and the largest operating department of the Town.

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