Shareholders Discussing Crestview Mutual Water Co.
Only 808.1 shares were present in person and by proxy at the annual meeting of shareholders called for May 20, 2026, not even close to the 1,253.4 shares needed for a quorum. So, there was no official meeting, election of Directors, or other votes, but the gathering did become a Continue reading There was no annual meeting because there was no quorum, but the informal meeting was informative.
Emergency Generator The Board received indications that a new portable diesel generator may come in substantially under the $400,000 budget. At the April 28 meeting, GM Gil Borboa reported that Crestview is now a member of Sourcewell, a cooperative buying organization for public and non-profit water purveyors. It has identified Continue reading April 28 Board meeting highlights: emergency generator, Calleguas negotiations, and Well #4 assessment
Crestview’s grant application to the State Water Resources Control Board (“SWRCB”) for technical assistance to plan Well #7 was denied because all of the money available in 2026 has been committed. So, Crestview will file an SWRCB application for a low-interest loan for the same purpose. This action by the Continue reading The Board authorized a loan application for planning and designing Well #7 at 191 Alviso, and received updated costs for Well #7.
On February 24, the Board accepted the resignation of Director Dave Stephenson and unanimously elected Chris Ono to take his place. Ono has been serving on the Finance Committee since the summer of 2024 and has attended almost every Board meeting since then. Here is the statement he submitted when Continue reading Chris Ono elected to replace retiring Director Dave Stephenson.
Crestview has no written plan to guide which projects should be approved and in which order and how to pay for them. However, here is Crestview Watch’s understanding of an unofficial and unwritten strategic plan inferred from recent Board decisions and discussions in meetings. Crestview faces a situation in which Continue reading Crestview’s unofficial strategic plan laid out
On January 27, the Board adopted the 5-year capital spending plan presented by GM Gil Barboa. The total is $568,500, of which 84% is for emergency electric power projects. Most of this, Barboa said, should be spent in 2026. This CapEx plan was one of the factors considered by the Continue reading Board adopts $568,500 capital spending plan, mostly for emergency electric power.
At its January 27 meeting, the Board authorized the Company’s submission of an application to the State Water Resources Control Board (“SWRCB”) for free Technical Assistance in planning for Well #7, refurbishing the Treatment Plant, and equipment to convert from chlorine disinfectant to chloramines. According to Vice President Alma Quezada’s Continue reading Crestview to apply for planning grant and construction loan for Well #7.
The lot at Crestview Avenue near Ashdale Court will be listed for sale, probably at $800,000 to $825,000, per the Board’s action at the January 27 meeting. This results from months of discussions with Calleguas Municipal Water District about revising the Contract as amended by which it agreed to pay Continue reading Site for Well #8 to be sold to repay Calleguas.
Service Availability Charges and Volumetric charges for all three Tiers will go up ten percent on February 1, 2026, per the Board’s action at its January 27 meeting. The increase is necessary because of cost increases across the board, and to start building reserves for infrastructure improvement projects. After the Continue reading 10% rate increase starts February 1.
The Board’s budget discussions make clear that Crestview needs one emergency generator to comply with the new legal requirement for a backup source of water for wells idled by power failure in a wildfire emergency, but compliance will not require a new well. New General Manager Gil Borboa and Superintendent Continue reading Crestview must add one emergency generator; other capital projects being considered. (Repost from December 22.)