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Santa Margarita Water District votes to certify Final Environmental Impact Report
Project will create reliable Southern California water supply and local jobs and investment
(August 1, 2012) Los Angeles, CA -- Cadiz Inc. (NASDAQ: CDZI) is pleased to announce that the Santa Margarita Water District (“SMWD”) Board of Directors voted unanimously to certify the Final Environmental Impact Report ("Final EIR") for the Cadiz Valley Water Conservation, Recovery and Storage Project (“Project”) and approve the Project’s Groundwater Management, Monitoring and Mitigation Plan (“GMMMP”) and Purchase and Sale Agreement, which outlines terms for their participation in the Project. These actions follow a nearly 18-month environmental review and represent significant milestones for the Project.