The News Review:
- Fitch Rates Southern California Water Replenishment District’s …
- Water supply project for Navi Mumbai okayed
- Lachlan Valley water users receive
- Water Board to unveil aquifer management plan at Boise meeting …
- Treated water may be used in parks
- Tainted water forces Letcher schools to close
- Appeals court to hear Mississippi water lawsuit
Fitch Rates Southern California Water Replenishment District’s …
MarketWatch
10, the COPs
represent an absolute and unconditional obligation of the district,
payable from the district’s net revenues, and are not subject to annual
appropriation. Proceeds will be used to finance the acquisition,
construction and installation of certain clean water and replenishment
projects and the improvement of the District’s administration building,
to fund a reserve fund for the COPs, and pay issuance costs. The ‘AA’ rating reflects the district’s essential role in maintaining an
adequate and good quality drinking water supply in the Los Angeles basin
and sound level of projected debt service coverage enhanced by its
financial flexibility provided by its diverse water sources. The
district also has rate flexibility relative to alternative surface water
supply costs, although this is somewhat limited by the legislative
imposed reserve limitation. Fitch expects that recent adoption of
financial reporting improvements should result in the continuance of the
district’s historically strong financial performance. The Stable Outlook
is based on the district’s moderate capital needs and a court decision
to uphold the legal status of the district’s responsibilities and
operations after they were challenged in 2001. Established by popular vote in 1959 to counteract the overpumping of
water from two major ground water basins, the district covers
approximately 420 square miles within Los Angeles County and serves 43
cities including Los Angeles and Long Beach.
Related from Insurancemonster: Fitch Issues Report on Property/Casualty Insurance Asset Risk
Water supply project for Navi Mumbai okayed
Indian Express, India
52 crore to augment the water supply in Navi Mumbai, within the urban agglomeration around Greater Mumbai. The project is expected to benefit as many as 7. 03 lakh residents of Navi Mumbai. The project comprises augmentation of the 161-km distribution network, 4.
Lachlan Valley water users receive
Cowra Guardian, Australia
?This will help sustain the Valley?s permanent plantings throughout the coming summer and maintain operations by other critical water-dependent industries, such as mines. ?The water allocation for town water supply will remain at 70 per cent and I thank the Lachlan Valley community for continuing to use water wisely during the ongoing drought. ?The Department of Water and Energy will continue to monitor water resources closely and make more water available, in consultation with the Lachlan Valley Critical Water Advisory Group, if and when conditions improve.
Water Board to unveil aquifer management plan at Boise meeting …
Idaho Business Review, United States
Over the last 18 months, the committee has held monthly public meetings in various locations in the area of the ESPA. The result of those committee meetings and associated sub-committee meetings is the recommended draft of the Comprehensive Aquifer Management Plan for the Eastern Snake Plain Aquifer. The Idaho Department of Water Resources said the draft plan is an effort to adjust water supply and demand in the ESPA and identifies opportunities to manage the available water to meet current and future water needs. The draft plan presents a range of management options that provide hydrologic benefits across the ESPA and Snake River, Water Resources officials said. Other items on the Idaho Water Resource Board’s Nov. 6 meeting agenda include a progress report on water recharge projects that the board is funding and an update of the study to raise Minidoka Dam.
Treated water may be used in parks
Edmonton Sun, Canada
The city is looking into using treated – or “recycled” – water from the Gold Bar Wastewater Treatment Plant to irrigate nearby parks. DOWN THE DRAINBut Coun. Amarjeet Sohi yesterday questioned whether that work could go down the drain if ownership of the plant is transferred to EPCOR as is being proposed. At the very least, he fears there would be “more hoops to jump through. “”What I’m looking for is more assurance that the transfer would not have any effect on our department’s ability to use the wastewater to irrigate our parks in the future, if there’s a possibility to do it,” Sohi said, adding there may be other uses in the future for the treated water that the city may want to be involved with.
Tainted water forces Letcher schools to close
Kentucky.com, KY
04, 2008 Comments (0) | Tainted water forces Letcher schools to close By Cassondra Kirby-Mullins -. com Schools will be closed Wednesday in Letcher County, where oil has tainted the water supply of thousands of residents. Investigators found petroleum seeping into the North Fork of the Kentucky River, about a mile from the Whitesburg water plant’s intake, after residents called Saturday complaining their water smelled like gasoline, Whitesburg Mayor James Craft said. He said state and local officials quickly shut down and then cleaned the water plant, which serves about 2,000 residents throughout Letcher County. _krdDartInc++;document.
Appeals court to hear Mississippi water lawsuit
Forbes, NY
Circuit Court of Appeals in New Orleans on Dec. Hood sued the city of Memphis and the Memphis Light, Gas and Water Division, accusing them of tapping into a vast supply of pure water in an aquifer under parts of Mississippi, Tennessee and Arkansas. Hood believes that pumping from the aquifer has created depressions in the water table, which he said has allegedly diverted 372 billion gallons of Mississippi’s water into Tennessee since 1965. He claims Mississippi is losing millions of gallons a day. In dismissing the lawsuit, Davidson said the state of Tennessee, and possibly Arkansas, should have been parties in the litigation. Then the proper venue, he said, would be before the U.