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HomeMy WebLinkAbout1999-02-23 - AGENDA REPORTS - CLWA POTENTIAL PURCH WATER CO (2)CITY OF SANTA CLARITA AGENDA REPORT UNFINISHED BUSINESS DATE: February 23, 1999 City Manager Approi Item to be presented SUBJECT: POTENTIAL PURCHASE OF A RETAIL WATER COMPANY BY THE CASTAIC LAKE WATER AGENCY DEPARTMENT: City Manager's Office RECOMMENDED ACTION City Council reaffirm its policy that the purchase of a retail water company by the Castaic Lake Water Agency (CLWA), a water wholesaler, would constitute a conflict of interest and would be a violation of California State Law. Furthermore, the City Council request that the CLWA withdraw from its discussions with the Santa Clarita Water Company to purchase the company. BACKGROUND The Castaic Lake Water Agency (CLWA) has recently initiated action to purchase the Santa Clarita Water Company. It is recognized that this is not in the best interest of the community for a wholesale water company to act as a water retailer, and that it is a violation of State Law and their original charter for the CLWA to do so. Wholesale and Retail — Is it in the best interest of the community? As water is such a critical issue in Southern California, there are concerns regarding the conflict of interest that arises if a water wholesaler were to become a retailer. The following six examples point out the inherent conflict of interest that would emerge. 1. A wholesaler who sells water to itself to sell again to the end consumer creates a monopoly, with total pricing control. 2. A wholesaler acting as a retailer may choose to use less groundwater, which is less expensive to consumers, instead purchasing more expensive State Water Project water from itself, thus eliminating consumer protection. 3. A wholesaler acting as a retailer has a financial incentive not to clean up any tainted wells, because they receive a higher price for selling State Water Project water, and the less groundwater used, the more State water may be sold. 4. The rights to pump groundwater versus purchase water cause a conflict between wholesalers and retailers as evidenced by the litigation between CLWA and the Santa Clarita Water Company several years ago. Continued To: 2 -� _L Agenda ate ®� - 5. The wholesaler would gain another voting position on their own board, which is supposed to be balanced with board members representing the water retailers. 6. The oversight of the wholesaler comes from a board of directors that is not completely elected by the residents of the Santa Clarita Valley. State Law In 1970, the Upper Santa Clara Water Agency was renamed, thus creating the Castaic Lake Water Agency (CLWA). The CLWA's creation is spelled out in Chapter 103 of the California Water Code Appendix, entitled the "Castaic Lake Water Agency Law". Section 15 of the Castaic Lake Water Agency Law, titled General Powers of Agency, states the following: "The agency may acquire water and water rights, including, but not limited to, water from the State of California under the State Water Resources Development System, and provide, sell, and deliver that water at wholesale only, for municipal, industrial, domestic, and other purposes, through a transmission system to be acquired or constructed by the agency." It is the City's understanding that CLWA is relying upon Water Code Section 12944.7, which was added by Assembly Bill 2827 in 1990, to justify the legality of potentially operating as a water retailer. It is the City's understanding that the intent of the Bill, which was proposed by CLWA, was simply to allow the Agency to issue tax-exempt bonds to finance facilities. As further evidence that the CLWA may not act as a water retailer, during the 1995/96 Legislative Session, the CLWA sponsored Assembly Bill No. 1263, authored by State Senator Pete Knight that proposed changing the scope of the Agency's authority, allowing the Agency to be a water retailer. The Senator dropped the legislation, due to opposition by the City Council, before it was voted upon by the legislature. The following introduction to Assembly Bill No. 1263 explained its intent: "An act to amend Sections 15 and 15.1 of, the Castaic Lake Water Agency Law, relating to the Castaic Lake Water Agency. AB 1263, as introduced, Knight. Castaic Lake Water Agency. Under existing law, the Castaic Lake Water Agency is authorized to acquire water from the State Water Project and to act as a wholesale distributor of that water. This bill would also authorize the agency, with specified exceptions, to exercise the powers and authority granted to districts under the County Water District Law for purposes of providing retail water service." Similar legislation was sought by CLWA in 1993 (AB 2093) to empower to function as a water retailer. That bill also expired without any action being taken by the Legislature. pez:ccwaterl.dw