A water district in Ventura County has decided to pursue the potential purchase, or possible takeover of a water company serving parts of the Ojai area.
Casitas Municipal Water District directors last night decided to move to form a new special district, and hold a special election for customers of the Golden State Water Company, so the water users can decide whether they’re willing to be responsible for up to $60 million dollars in loans to pay for the system.
The move comes at the request of some of the 2800 customers, who are upset with what they say are higher than justified prices. Company officials say the charges are justified. Golden State officials say they aren’t interested in selling the water system.
Some 200 people were on hand at least night’s meeting, with nearly 50 of them speaking.
The board then decided to hold the special election August 27th, and if the current Golden State customers approve the proposal by a two-thirds margin, the district can then proceed with efforts to buy the water company, or try to take it using eminent domain.
Under the plan, existing Casitas customers won’t be involved in paying for the purchase, if it occurs.