The Lake Texcoco reference article from the English Wikipedia on 24-Apr-2004
(provided by Fixed Reference: snapshots of Wikipedia from wikipedia.org)

Lake Texcoco

Have you considered sponsoring a child
The lake was formed on a closed basin, with no drains, so it was salty. It occupied a great extension of the Anahuac valley, forming part of system of five lakes, between 2,270 and 2,750 meters above sea level, in the northern part of the Mexican highlands..

Mexico-Tenochtitlan was founded on an islet in the western part of the lake in the year 1325. The aztecs create a big artifial island. To overcome the problems of drinking water, the aztecs build a system of dams to separe the salty waters of the lake, with the rain water of the afluents. It also permited them to control the level of the lake.

Image:Tenoch2A.jpg

During the siege of Tenochtitlan, the dams were destroyed, and never rebuilded, son inundations became a mig problem for Mexico City.

Eventually the lake was drained by the German engineer, Heinrich Martin, in the 1607-8 AD, via channels and a tunnel to the Pánuco River. Until it now occupies only a small area surrounded by salt marshes 2 1/2 mi (4 km) east of Mexico City. Because of this Mexico city is sinking at a rate of a few centimeters every year.