7/18/13 – Last month the Grand Jury of Orange County, California issued a report entitled “Orange County Water Sustainability: Who Cares?” The report details the county’s current water supply portfolio, describes challenges to existing sources and makes recommendations to encourage water supply reliability in the future. The Grand Jury evaluated the Cadiz Valley Water Conservation, Recovery and Storage Project during its assessment of Orange County’s future supply options and found that the Project is a potential future source of water for the county’s water districts “that should not be ignored.” As part of its conclusion, the Grand Jury recommended that “water districts in South Orange County shall consider the Cadiz Project in any discussion on sustainability of water in the southern part of the county.” To view a copy of the report, click here.
Archive for month: July, 2013
July 2, 2013
Contact – Cadiz Inc, Courtney Degener/Limoneira Company, John Mills
Los Angeles, CA — Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”) and Limoneira Company (NASDAQ: LMNR) (“Limoneira”) are pleased to announce today that they have entered into a long-term lease agreement (the “Agreement”) to develop new lemon orchards on Cadiz’s agricultural property in eastern San Bernardino County, California (the “Cadiz Ranch”). Under the terms of the Agreement, Limoneira has secured the right to plant up to 1,280 acres of lemons over the next five years at the Cadiz Ranch operations in the Cadiz Valley. The arrangement provides a new growing, packing, and marketing opportunity that is complimentary to Limoneira’s existing production and furthers Cadiz’s commitment to the sustainable development of its Cadiz Valley property.
Read more →