For Immediate Release: March 9, 2016 Contact: Barbara Barrigan-Parrilla, 209-479-2053, barbara@restorethedelta.org Stockton, CA – The federal Securities and Exchange Commission charged California’s largest agricultural water district today with misleading investors about its financial condition as it issued a $77 million bond offering, with one of its managers bragging about using “a little Enron accounting.” California’s largest...Read More
Dear friends, The board of Metropolitan Water District of Southern California (Met) voted on March 8 to buy 20,000 acres of farm islands in the heart of the Delta. Two of the islands lie in the heart of the proposed tunnels route. Jeff Kightlinger, Metropolitan’s general manager, told the Sacramento Bee the islands will be...Read More
For Immediate Release: March 8, 2016 Contact: Barbara Barrigan-Parrilla, 209-479-2053, barbara@restorethedelta.org Stockton, CA – At a closed session board meeting this morning, the Metropolitan Water District of Southern California authorized the purchase of four islands in the San Francisco Bay-Delta for an undisclosed sum. The deal is highly controversial in Northern California as it would...Read More