New procedures for shareholder participation in Board meetings.

Shareholders get more flexible comment guidelines.  Each shareholder will be allowed 3-5 minutes to address a Board meeting, but the presiding officer has discretion to shorten time if there are many speakers or to cut off speakers talking “too long.”  The president can also allow more time.  Shareholders may divide … Read more

President vows to resign if no quorum at annual meeting. Election Manual to be revised before Board vote.

After a long discussion among shareholders, President Frank Mezzatesta, and legal counsel about the draft Election Manual and Proxy Form, the Board agreed with Mezzatesta’s suggestion to continue the matter to another meeting and meanwhile to revise the draft. Most of the comments were on the question whether the … Read more

January board meeting Monday (not Thursday) next week has a big and interesting agenda.

The agenda for the January 23 meeting features governance issues, including shareholder participation and access to information and a detailed new procedure for annual elections of directors, including a new form of proxy.  There will also be oral reports on the status of the Well #8 permit process, the LPHOA … Read more

Shareholder Advisory Committee to meet December 9 to review well site selection criteria.

The SAC will have its first meeting Friday afternoon to review the Ad Hoc Committee’s draft criteria for eliminating unsuitable sites from detailed evaluation and for more detailed evaluation of remaining sites. We hear there are 21 or 25 nominated sites, but the SAC will not get the list until … Read more

Shareholder Advisory Committee formed to help identify best location for Well #7.

Regular readers know the Crestview board appointed an Ad Hoc Committee consisting of director Alma Quezada and general manager Robert Eranio to review and compare all plausible sites for Well #7.  They have a work plan, a budget, and a schedule, available here.  By appointing Joel Brown, Dale DeHart, … Read more

Judge rules in favor of Crestview and other Settling Parties in Phase 2 of the groundwater basin adjudication.

An action to decide the relative entitlements of all persons pumping from our groundwater basin was started in 2018. On November 17 the judge filed a “Final Statement of Decision re: Phase 2” substantially adopting the Settlement Agreement entered into by Crestview and others constituting 87% of the owners of … Read more