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Castaic Lake Water Agency lays out it’s water portfolio

Posted by: Aqua Blog Maven on April 21, 2008 at 1:23 pm

From Aquafornia’s hometown paper, The Signal, here’s a story about how our water agency, the Castaic Lake Water Agency, has enough water for all of us plus the tens of thousands of new homes being built all around us – (yes, tens of thousands when you count the 21,500 Newhall Ranch development going in next door):

If you’re an investor with a diversified portfolio, there’s a pretty good chance you have greater peace of mind during an economic downturn than you would if all of your financial eggs were in the same basket. That simple philosophy – diversification – can save you money and headaches over the long run.

Here at the Castaic Lake Water Agency, we – along with the four Santa Clarita Valley water retailers – apply that philosophy to a resource that’s as important as your money, if not more so: your water.

It’s no secret California faces significant water supply challenges, not only due to a series of dry winters but also due to ongoing concerns about the availability and reliability of water supplies delivered through the Sacramento-San Joaquin Delta, where aging infrastructure and a court battle over an endangered fish, the Delta smelt, have prompted a legal and legislative debate over how the Delta’s water can best be used.

The Delta question is the focus of much debate in the courts and the Legislature but, meanwhile, California residents are being urged to conserve. That goes for SCV residents, too: We’re asking local residents to do their part to help the overall statewide water picture by using water wisely.

However, we also have a measure of security here in the SCV that is the envy of others in the state. Simply put, we’ve saved for a rainy day – or a not-so-rainy one, as it were.

Read the rest of this story from the Santa Clarita Signal by clicking here.

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