The City of Ingleside announced Wednesday they have an agreement with a company that wants to build a desalination plant on Corpus Christi Bay.

Although the site has not yet been picked for the desal plant, it will cost about $800 million to build. However, no taxpayer money will be used.

The City has signed a public-private partnership agreement with Poseidon Water based in Boston who will build the desalination plant and sell the water to the San Patricio County Water District and individual companies. Mayor Ronnie Parker said a stable water supply is what companies consider most important.