ICYMI: Delta Tunnels News from Restore the Delta
July 15, 2016
Westlands Water District Credit Rating Upgraded to "Negative"
Fitch Ratings Service notes: Drainage Settlement Could Pressure District
The Negative rating stems from the fact that Westlands/San Luis Delta-Mendota Water Authority will acquire hundreds of millions of dollars of new debt if their settlement with the Federal government is authorized by Congress. This new debt is the result of now being responsible for cleaning up polluted lands, previously, the government's responsibility.
How will these districts afford to clean up their polluted lands AND pay for their share of the Delta Tunnels?
From the Golden Gate to the Tower Bridge
One night, two events, two different views of the problem
Last Wednesday night, folks interested in California water had two big public events to choose from. One was a slick and very political sales pitch; the other was a thoughtful discussion of science.
Former Interior head enlisted for California giant tunnels
California Gov. Jerry Brown has enlisted a Washington senior statesman to help his massive, $15.7 billion water tunnel proposal clear regulatory and financial hurdles, officials said Thursday.