Cost To Rebuild Major California Reservoir Rises To $2.3 Billion, Tripling From Two Years Ago
The cost to bring Anderson Dam, which holds back the largest reservoir in California’s Santa Clara County, up to modern earthquake standards has increased to $2.3 billion, water officials said Monday. That’s double what was estimated a year ago, triple the price tag from two years ago, and nearly certain to drive water rates higher next year across Silicon Valley.
