Newport Beach & LBCWD Launch Joint Groundwater Project

Up to $12,512,132 for LBCWD's share of design, permitting, construction, property, and preliminary design costs

UTILITIES

Effective upon execution by both Parties and remaining in effect unless terminated by mutual written agreement

Agreement has an open-ended term and may only be terminated or modified by mutual written agreement of both Parties. Certain provisions, including indemnification, accounting, dispute resolution, and termination obligations, survive termination.

Agreement