Cadiz, Inc. | 2009 November
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November 2009

The California Legislature has just this morning passed an $11 billion water bond proposal, which includes over a billion dollars for groundwater storage and other infrastructure projects and also mandates a 20% cutback from current water sources. The proposal is part of a broader state water system overhaul that has been pursued by the State Legislature for months.  The passage of the legislation was praised by Governor Schwarzenegger, who is expected to sign the bills into law.  This is very good news for our public agency partners, as they could potentially access available funds for the water project.