Board to honor Lauri Marino for 25 years of service. Shareholders invited.

The first item on the agenda for the April 23 Board meeting will be recognition of Lauri Marino’s 25 years of dedicated and efficient service to Crestview as Office Manager.  Shareholders are invited to attend the 5:30 meeting at the Hampton Inn, 50 W. Daily Drive, Camarillo.  There will be Continue reading Board to honor Lauri Marino for 25 years of service. Shareholders invited.

Nothing happened at the Annual Meeting.

There was no official Annual Meeting on April 2 because there was no quorum.  Informational reports were given and Shareholders commented.  The FY2023 financial statements, which should have been sent to shareholders by March 18, 2024, were not available.  They will be posted on the Crestview website when received from Continue reading Nothing happened at the Annual Meeting.

Tier 1 rates to increase 33 percent April 1.

The Tier 1 usage rate will go from $2.85 to $3.79 per 1,000 gallons, effective April 1.  This is expected to generate enough revenue to meet the expense budget approved November 28, 2023, plus a new annual fee of $44,000 imposed by Fox Canyon Groundwater Management Agency. The budget covers Continue reading Tier 1 rates to increase 33 percent April 1.

Board raises rates and may raise them more after further study.

By a 4-1 vote on February 27, the Board raised the $9.00 per share per month Service Availability Charge to $12.90 starting March 1.  The Board will get more information from the rate consultant before making a decision about whether and how much to change volumetric rates for consumption. The Continue reading Board raises rates and may raise them more after further study.

Board to consider 20% water rate increase.

At its next meeting, the Board will consider a consultant’s report stating that water rates need to go up 20% to balance the expense budget adopted in November.  The report proposes increasing the Service Availability Charge (payable even when no water is used) 43% from $9.00 per share per month Continue reading Board to consider 20% water rate increase.

Annual Meeting of Shareholders to be April 2.

The process of electing Directors at the Annual Meeting of Shareholders is underway.  The room at Spanish Hills Club has been booked for April 2, and Director Nomination Forms were mailed to shareholders this week. The same Election Inspector who served last year is available and will be hired. Any shareholder Continue reading Annual Meeting of Shareholders to be April 2.

Well #4 “getting a rest” to ameliorate manganese problem.

Well #4 is offline and will remain so until demand gets so high that Well #6 can no longer supply the whole system.  Well #4 generally produces water containing 50 ppm of manganese, which equals the secondary standard for that contaminant.  High manganese concentrations tend to give the water a Continue reading Well #4 “getting a rest” to ameliorate manganese problem.

Board schedules Annual Meeting and election of Directors.

In its December 19 meeting, the Board directed Staff to arrange for the 2024 Annual Meeting of Shareholders to be held between March 15 and April 15.  The exact date will depend on the availability of a venue and critical people, allowing sufficient time for Shareholders to self-nominate, and to Continue reading Board schedules Annual Meeting and election of Directors.

Mezzatesta evaluates own performance in first year as President.

At the November 28 Board meeting, Frank Mezzatesta was asked what he is most proud of in his first year as President.  This was followed by, “What was most challenging?” and “What are you least proud of.”  After taking a few moments to think, this is what he said:  In Continue reading Mezzatesta evaluates own performance in first year as President.

Engineering firm hired to review alternative sites for Well #7.

MKN, an engineering firm, has been selected to evaluate potential sites for Well #7. By February, MKN will do an independent evaluation of sites previously reviewed by the Board and deliver a ranked-order report focusing on feasibility and hydrogeology. To make this a “blind study,” MKN will not receive site-specific Continue reading Engineering firm hired to review alternative sites for Well #7.