Typhoon Waterpark of Pflugerville will feature new attractions such as a splash pad for younger patrons

The Pflugerville Community Development Corporation, the city of Pflugerville and Typhoon Texas inked a deal Tuesday, Jan. 3 to name the Katy-based water company as the new operator of the Hawaiian Falls Pflugerville water park.The parties agreed to terms for a two-year ground and operating lease agreement. The lease and operating agreement includes options to renew in 10-year increments up to 2038.Here is what you need to know:1.Hawaiian Falls Pflugerville will now be known as Typhoon Texas.2.Typhoon Texas will honor Hawaiian Falls 2017 season passes that have already been purchased and is currently matching Hawaiian Falls' season pass pricing of $69.99 for new park passes.3.Typhoon Texas will resurface and remedy areas of the water park that currently feature gravel, stone and sand. The resurfacing material has not been determined.4.Typhoon Texas will not charge for parking.5.Unlike Hawaiian Falls Pflugerville, it has yet to be determined if they will allow coolers at Typhoon Waterpark of Pflugerville. According to their website, Typhoon Texas water park in Katy does not permit coolers or outside food or drink with the exception of one factory-sealed bottle of water per person. Guests are permitted to bring personal foods into the park if they are medically necessary.6.Typhoon Texas committed to add new rides to the facility, including the Gulley Washer, a giant four-story water splash-pad playground with slides and activities for young children. The Gulley Washer will be operational, weather permitting, by May 26.7.The company will invest at least $4.5 million in the park over a two-year period for park improvements including repairs, maintenance, new attractions and technology for operations.8. PCDC agreed toin consideration of the $4.5 million investment by Typhoon Texas. The PCDC will contribute approximately $434,315.88 annually, funded by sales tax revenue to assist in fulfilling payments to Capital One. After the PCDC's loan for the park is fulfilled, the lease payment will be reduced to $100 annually, estimated to occur in 2038.9. Typhoon Texas will, whichever is less, as its annual lease payment for 2017 and 2018, during which Typhoon Texas is investing $4.5 million into the park.10. Typhoon Texas will spendneeded to obtain a new Certificate of Occupancy for the park. A new Certificate of Occupancy inspection is required with the transfer of the lease and any repairs over $250,000 will be paid by the PCDC.11. In addition to the lease payments, Typhoon Texas will, with season passes counting as one ticket.12. Typhoon Texas willon the park in accordance with State of Texas and local requirements.13. The city of Pflugerville and PCDC will work with the Texas Department of Transportation to negotiate a14. Typhoon Texas is