A daily compilation of significant news articles and comment
September 18, 2008
2. Supply –
Press Release:
Water board considering proposed reclamation plant
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Press Release:
99-Year Lease Agreement Will Provide
LOS ANGELES, Sep 18, 2008 (BUSINESS WIRE) --
Cadiz Inc. (NASDAQ:CDZI) announced today the execution of a 99-year lease agreement with the Arizona & California Railroad Company (ARZC). The agreement will allow
The Cadiz Valley Dry-Year Supply Project (Project) is a water storage and supply program, which will provide Southern California with as much as 150,000 acre-feet/year (49 billion gallons) of clean and reliable water during years of droughts, emergencies, or other periods of urgent need by utilizing the aquifer system that underlies Cadiz's 35,000-acre landholding in the Cadiz and Fenner valleys of eastern San Bernardino County. Historically, such dry periods occur in approximately three out of every ten years. In any given dry year, this water would be enough to serve more than 1.2 million people.
This past August, the Metropolitan Water District of Southern California (MWD) announced that it may implement mandatory rationing in 2009 since it does not have enough water to meet demand. Furthermore, state water agencies will receive only 35% of their normal water allocations for 2008 -- down from 60% in 2007 -- and they expect to only receive between 10% & 20% in 2009.
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As part of the agreement with ARZC,
"We are excited to hear about this new alternative pipeline alignment that would enable the Cadiz Project to deliver water to
"In the ensuing years, the Southern California region has need of projects like
Construction of the Project facilities could begin as soon as the environmental review for the Project is completed. It is now anticipated that the
"I look forward to the County playing the lead role on the Groundwater Monitoring and Management Plan and in helping to implement this important project," said San Bernardino County Supervisor Brad Mitzelfelt. Supervisor Mitzelfelt's District is the largest in
The Groundwater Monitoring and Management Plan will be similar to one previously authored by San Bernardino County, the U.S. Geological Survey, National Park Service, BLM, and MWD in 2001.
This Plan was originally designed to alleviate concerns raised by Senator Dianne Feinstein (D-CA), and it will maintain those principle objectives: protect the desert environment in and surrounding the Project area, ensure groundwater quality, and maintain the long-term yield and storage capacity of the aquifer system.
Information on the Aquifer System
The aquifer system that underlies the Project area has the ability to provide both a new supply of indigenous groundwater and to store approximately 1 million acre-feet of
History of the Project
The Cadiz Project has been a decade-long effort to bring a new, clean and reliable water supply to
"By providing storage of surplus Colorado River water, and the export of indigenous groundwater under specified conditions, the Cadiz Project will help ensure needed dry-year water supply reliability and will assist
However, MWD refused to accept the right-of-way offered by the DOI and decided not to proceed with the Project in October 2002. MWD is currently facing unprecedented water shortages, which would have been significantly mitigated by implementation of the Cadiz Project in 2002.
Founded in 1983, Cadiz Inc. is a publicly held land and water resource development firm. The Company owns more than 45,000 acres of land with substantial water resources in eastern
This release contains forward-looking statements that are subject to significant risks and uncertainties, including statements related to the future operating and financial performance of the Company and the financing activities of the Company. Although the Company believes that the expectations reflected in our forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Factors that could cause actual results or events to differ materially from those reflected in the Company's forward-looking statements include the Company's ability to maximize value for Cadiz land and water resources, the Company's ability to obtain new financing as needed, and other factors and considerations detailed in the Company's Securities and Exchange Commission filings.
SOURCE: Cadiz Inc.
http://www.stockhouse.com/news/USReleasesDetail.aspx?n=7052572
Water board considering proposed reclamation plant
San Gabriel Valley
By Bethania Palma-Markus, Staff Writer
EL MONTE - The Upper San Gabriel Valley Municipal Water District on Tuesday discussed a proposed $100 million water reclamation plant that officials said could drought- proof the area.
The water district's board of directors met Tuesday with officials from the Orange County Water District. The
Most officials agreed the reclaimed water project needs to be done, as water districts are faced with a looming water shortage. An ongoing drought, coupled with limitations on sources of water, has spurred efforts to find an alternative, reliable water source, they said.
"We're not in a crisis yet, but if we wait five years from now, we can definitely fall into that trap," said Tim Jochem, general manager for the
He added that water reclamation technology has improved dramatically in recent years.
Officials said they hope to begin building the facility - next to the San Jose Creek Water Reclamation Plant in
The two-phase project could cost between $70 and $90 million for the first phase and approximately $40 million for the second, officials said.
Once complete, Jochem said sewage water would go through many stages of purification before it can meet drinking water standards. The stages would include chemical and ultraviolet light treatments, and several stages of filtration.
Craig Miller, assistant general manager for Orange County Municipal Water District, said the county has had a reclaimed water system in place since January that has been successful in alleviating the need to import water.
"It's working fantastic," he said. "The benefit is it's a reliable water resource that's controlled here in
A 2007 court decision that limited pumping from the San Joaquin-Sacramento River delta - a major source of water to the San Gabriel Valley - to protect a declining smelt population cut back severely on supplies, officials said.
An ongoing drought and rainfall shortages also contribute to increasingly scarce supplies, and have prompted previous opponents to see differently.
Dr. Forest Tennant, a
"We can now confidently say to the public that this is a safe project, whereas we couldn't say that 15 years ago," he said. "We know we have a shortage of water coming so it's time to bring back reclaimed water and I fully support it." #
http://www.sgvtribune.com/news/ci_10493605
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DWR's California Water News is distributed to California Department of Water Resources management and staff, for information purposes, by the DWR Public Affairs Office. For reader's services, including new subscriptions, temporary cancellations and address changes, please use the online page: http://listhost2.water.ca.gov/mailman/listinfo/water_news. DWR operates and maintains the State Water Project, provides dam safety and flood control and inspection services, assists local water districts in water management and water conservation planning, and plans for future statewide water needs. Inclusion of materials is not to be construed as an endorsement of any programs, projects, or viewpoints by the Department or the State of
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