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Tapia Ranch Development.
Water Supply Assessment.


Summary.

On November 13, 2017, the Castaic Lake Water Agency (CLWA) executed the Deposit and Funding Agreement for the Tapia Ranch (Vesting Tentative Tract Map 72126 (Annexation Property). The annexing party is Debt Acquisition Company of America (DACA). As provided in the Deposit and Funding Agreement, DACA has requested that the SCV Water Board of Directors, as successor to CLWA, consider and make a determination that Buena Vista/Rosedale Rio Bravo (BVRRB) water is available for the proposed annexation property. Staff has completed a water demand analysis for the proposed annexation property, reviewed the Agency's 2015 Urban Water Management Plan (UWMP) and the 2017 Water Supply Reliability Report Update and concluded that given current planning assumptions, sufficient supplies are adequate to make such a determination. Under the terms of the Deposit and Funding Agreement, DACA will be required to pay for past acquisition and carrying cost for the BVRRB water totaling $3,775,117, as well as pay ongoing carrying costs.


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TAPIA RANCH

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NOP, Initial Study 2007

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Water Supply 2018

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