The answer to resolving many COVID-19 roadblocks faced by our community members can be found at 2-1-1 San Diego through its Community Information Exchange ecosystem.
Imperial Irrigation District voted to sell wholesale energy to Mexicali for the months of July, August, and part of September at the July 7, board meeting. The two parties entered into contract June 18, 2019 to facilitate energy transactions between IID and Centro Nacional de Control de Energia, beginning in 2019 and beyond. Energy Manager Marilyn del Bosque Gilbert presented the contract to the board.
The San Diego County Water Authority’s decision to do a forward delivery on one of two series for a $400 million refunding paid off with the water wholesaler realizing $67.4 million in savings.
The Water Authority decided to explore what has become a more frequent option used by issuers since tax-exempt advance refundings were eliminated by the 2017 federal tax bill with the aim of realizing greater savings for ratepayers, said Lisa Marie Harris, the water authority’s finance director.
Co-lead managers B of A Securities and Loop Capital Markets priced Wednesday a $283.5 million series and $117.7 million series of water revenue refunding bonds. Orrick Herrington & Sutcliffe LLP is bond counsel. Montague DeRose and Associates LLC and Acacia Financial Group are co-municipal advisors.
Editor’s Note: This feature highlights water utility employees in the San Diego region working during the coronavirus pandemic to ensure a safe, reliable and plentiful water supply. The water industry is among the sectors that are classified as essential. LaMont Foster, Santa Fe Irrigation District Utility Worker I, is the Water Utility Hero of the Week.
Even as a boy, I knew there was something unusual, even other-worldly, about living in the Imperial Valley.
We seemed so isolated, more connected to Mexico than California. In fact the valley’s largest city was Mexicali, just across the border, and we’d often walk across for cheap restaurant food. It was an hours-long, 100-mile automobile drive through treeless, boulder-strewn mountains to San Diego, the nearest California city of any size.
Imperial Irrigation District made the first notable follow-up to its petition to hit the brakes on the Lower Basin Drought Contingency Plan for the Colorado River with an opening brief filed Wednesday.
IID originally filed the petition in Superior Court of Los Angeles County on April 18, 2019. The petition calls on the court to suspend approvals and actions related to the Lower Basin Drought Contingency Plan until such time an appropriate analysis of Metropolitan Water District of Southern California’s commitment to the plan has been completed in accordance with the California Environmental Quality Act.
Mexican officials say there may be relief soon for San Diego South Bay residents living with massive daily sewage flows from Tijuana.
The sewage-tainted flows routinely hit 25 million gallons a day. Some days earlier this year, the flow topped 70 million gallons.
The Imperial Irrigation District Board of Directors approved their annual funding contribution to the Colorado River Board at their July 7 meeting.
The board met in their regular session to approve a $661,250 contribution to the Colorado River Board of California’s 2020-2021 budget to help achieve the mission to protect the Colorado River.
Strong credit ratings for the San Diego County Water Authority will save water ratepayers across the region $67.4 million on bond sales executed Wednesday in New York — $27 million more than staff forecasted in May. All three major rating agencies – S&P, Moody’s and Fitch – recently affirmed the Water Authority’s positive ratings and stable outlook, creating the opportunity for ratepayers to benefit from lower financing costs for critical water infrastructure.
Editor’s Note: This feature highlights water utility employees in the San Diego region working during the corona virus pandemic to ensure a safe, reliable and plentiful water supply. The water industry is among the sectors that are classified as essential. Carrie Selby, City of Escondido Wastewater Treatment Plant Operator, is the Water Utility Hero of the Week.
