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RESOLUTION NO.

RESOLUTION OF THE BOARD OF DIRECTORS OF THE
SANTA CLARITA VALLEY WATER AGENCY
DETERMINING THAT 489 ACRE-FEET PER YEAR
OF BUENA VISTA-ROSEDALE RIO BRAVO WATER SUPPLY
IS AVAILABLE FOR POSSIBLE USE FOR THE PROPOSED TAPIA RANCH ANNEXATION

WHEREAS, Santa Clarita Valley Water Agency (SCV Water) is a special district water
agency created to acquire, hold, and utilize water and water rights, including, but not limited to,
water available from the state under the State Water Resources Development System, and to
provide, sell, manage, and deliver surface water, groundwater, and recycled water for municipal,
industrial, domestic, and other purposes at retail and wholesale within the territory of the SCV
Water; and

WHEREAS, Debt Acquisition Company of America (Applicant), owns 1,167 acres
adjacent to the boundary of SCV Water in the County of Los Angeles of which approximately
650 acres is proposed for annexation to SCV Water (Annexation Lands); and

WHEREAS, on November 14, 2017, Castaic Lake Water Agency (CLWA) and Applicant
executed a Deposit and Funding Agreement (Agreement) under which Applicant has agreed to
certain obligations, conditions and responsibilities consistent with CLWA’s Annexation Policy
and its underlying principles which is necessary for the orderly development and service of
water to the Annexation Lands; and

WHEREAS, SCV Water is the successor to CLWA; and

WHEREAS, the Agreement has a term of five years from the date of execution, unless
extended by mutual consent; and

WHEREAS, SCV Water has determined that the proposed action has been previously
addressed in the certified 2006 Final EIR and findings for the Buena Vista Water Storage
District and the Rosedale-Rio Bravo Water Storage District Water Banking and Recovery
Program and no further environmental analysis or documentation is needed at this time to
comply with the California Environmental Quality Act; and

WHEREAS, SCV Water staff has undertaken an analysis to determine the water
demand and has taken into consideration the Applicant’s plan to develop the Annexation Lands;
and

WHEREAS, the Board of Directors of SCV Water has reviewed available water supplies
as set forth in the 2015 Urban Water Management Plan for the Santa Clarita Valley and has
determined water supplies exceed demands; and

WHEREAS, SCV Water cannot and does not commit itself or agree that it can or will
provide water service to the Annexation Lands since environmental compliance and other
review and approvals for such a project has not been completed; and

WHEREAS, the Applicant anticipates environmental compliance and other approvals will
be completed prior to November 14, 2022.

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