Cal Am Agrees to Sell Felton Water System for $10.5M PDF Print E-mail

California American Water has tentatively agreed to sell the Felton water system to the San Lorenzo Valley Water District for $10.5 million, signalling the likely end of a six-year David-and-Goliath fight between a grass-roots citizens group and the former multinational corporation over local control.

Cal Am and the water district made the deal public in Santa Cruz County Superior Court after a private mediation hearing.

Source: Santa Cruz Sentinel

View Full Article

 

 
RocketTheme Joomla Templates