SCV Water Agency Water Resources and Watershed Committee Meeting Agenda Packet May 2026
Water supply reservation under eminent domain settlement
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Description
Castaic Lake Water Agency entered into an eminent domain settlement with The Newhall Land and Farming Company that includes reserving 2,500 AFY of water supply for the Legacy Village project through December 31, 2027. The agency agreed to bear the carrying costs of this reserved supply until annexation is completed or the reservation period expires.
Contract Details
Vendor
NEWHALL LAND & FARMING COMPANY
Agency
Devils Den Water District, CA
Contract Type
OTHER
Document Date
May 9, 2026
Contract Term
From December 12, 2012; reservation of 2,500 AFY of water supply through December 31, 2027
Renewal Date
2027-12-31
Renewal Info
Reservation of 2,500 AFY and related carrying cost obligations sunset on December 31, 2027 unless annexation is completed earlier, after which standard annexation policies and fees apply.
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