An interesting article in the L.A. Times last week:
“A lawsuit by water agencies and environmental groups contends the Kern Water Bank transaction was essentially a gift of public property to private interests and therefore violates the state constitution.”
“That’s the theme of a lawsuit filed a few weeks ago alleging there’s something smelly about how a group of private interests — notably a huge agribusiness owned by the wealthy Southern California couple Stewart and Lynda Resnick — got control of an underground water storage project the state had already spent $75 million to develop.”
It will be interesting to see how this lawsuit progresses. Their goal is to return the Kerns Water Bank “into the state’s water management plan, so a precious and dwindling natural resource can serve everyone in the state, not just a few powerful farm companies and real estate developers.”
To read the entire L.A. Times article, click here.