Sitting as the Ceres Financing Authority, members of the Ceres City Council last week unanimously approved the sale of $22 million in bonds to finance the surface water project as an interim measure. The cities of Ceres and Turlock have formed a joint powers authority, called the Stanislaus Regional Water Authority, with the Turlock Irrigation District to build and run a plant to siphon water out of the Tuolumne River, filter it and pipe it to homes. The water will be stored in a large above ground tank at Ceres River Bluff Regional Park and comingled with groundwater.