Feasibility of a potential public buyout of California American Water’s local water system should be based on a consulting team’s advice on an acquisition plan that could succeed in a public necessity court trial while seeking cost savings for local ratepayers and keeping all costs contained in water rates. That’s according to a recommendation from Monterey Peninsula Water Management District general manager Dave Stoldt to be considered by the water board on Monday. The board is scheduled to meet at 7 p.m. at water district headquarters, 5 Harris Court at Ryan Ranch in Monterey.