For the third consecutive year, the Placer County Water Agency (PCWA) received the California Municipal Utilities Association’s (CMUA) Best Water Program award. PCWA’s Director of Customer Service, Matt Young, unveiled the award at PCWA’s Board of Directors meeting on April 21.
“We are thrilled to be recognized by CMUA for our outreach efforts during the drought,” Matt Young said. “Ultimately the award recognizes the responsiveness of our customers, and the Agency’s longstanding commitment to wise stewardship.”
CMUA’s Best Water Program award recognizes innovative programs that promote the efficient use of water. Submissions were scored on several factors including program originality, applicability to other water utilities, and benefits to the community.
General Manager Einar Maisch said, “Receiving this award for a third time is a tremendous honor. I applaud the leadership of our Board of Directors and hard-working staff who guided us through a difficult year.”
In other news, PCWA Directors:
- Approved a revision to canal water allocations that increases deliveries from 1/2 miners’ inch per parcel to 1/2 miners’ inch per acre. The change in allocation is a result of improved canal efficiencies and a robust water supply.
- Approved a debt refinancing that is expected to save the agency $3.5 million over the 20-year repayment period. Director of Financial Services, Joseph Parker, said the refinancing is for the 2007 bond issue of $29 million and will be priced in a competitive sale on May 3, 2016. At current interest rates, the refinancing would save PCWA an average of $220,000 annually.
PCWA board meetings are open to the public. For information on PCWA board meetings, please contact the Clerk to the Board at (530) 823-4850 or (800) 464-0030.