Crestview’s offer to “step into the shoes” of septic system owners affected by a new well excludes the biggest potential costs.

In February, Crestview told the City it “will step into the shoes of any neighbor whose septic system repair or replacement encounters any issue arising out of Well #8.”  However, Crestview will only get required permits, leaving neighbors responsible for $75,000 “advanced treatment units,” if required, and costs up to Continue reading Crestview’s offer to “step into the shoes” of septic system owners affected by a new well excludes the biggest potential costs.

Crestview will take responsibility for Well #8 impacts on septic systems.

Here is an important update to this post. A recent Crestview filing with the City of Camarillo re: Well #8 states that, in order to mitigate the impact a new water well would have on existing septic systems, “Crestview will step into the shoes of any neighbor whose septic system Continue reading Crestview will take responsibility for Well #8 impacts on septic systems.

President’s first monthly message to shareholders errs re Well #8 and redundancy.

President Frank Mezzatesta will be writing a message to shareholders on the back of every monthly invoice.  In his first one, he writes about “optimal number of wells.”  He explains that we need two working wells to produce enough water in the hot dry season to meet household and irrigation Continue reading President’s first monthly message to shareholders errs re Well #8 and redundancy.

Board set to approve new well site evaluation process with shareholder participation.

On October 27, the board will consider a new, robust, and open process to produce unbiased comparisons of the best sites for our next well.  If approved, our November bills will include a letter inviting shareholders to nominate well sites and to volunteer for a Shareholder Advisory Committee (“SAC”). The Continue reading Board set to approve new well site evaluation process with shareholder participation.

Well #8 glacier inches along on a meltwater of money.

The Crestview board has approved two contracts to report on the feasibility of connecting the existing dry sewer system near Well #8 to the Camarillo sewage system and connect adjacent properties to this system.  It has also approved funding a preliminary environmental study by the City’s contractor.  These actions respond Continue reading Well #8 glacier inches along on a meltwater of money.

Our water rates went down September 1, and the board is poised to authorize an environmental study for Well #8.

The board increased the Tier 1 rate schedule limit from 4,000 gallons per share per month to 8,000 gallons.  This is an effective rate decrease for all shareholders who buy more than 4,000 gallons per share per month.  A letter announcing this change was included in the monthly bills mailed Continue reading Our water rates went down September 1, and the board is poised to authorize an environmental study for Well #8.

Well #8 water shipped to Calleguas cannot reduce groundwater available to shareholders, say Crestview and Calleguas officials.

Last week, officials of Crestview and Calleguas separately told different Crestview shareholders that Calleguas cannot demand emergency water under the Well #8 contract if meeting the demand would diminish the amount of water Crestview is able to pump and distribute to shareholders. They explained that Calleguas’s main motivation for funding Continue reading Well #8 water shipped to Calleguas cannot reduce groundwater available to shareholders, say Crestview and Calleguas officials.

Well #8 permit application draws City requirements that may increase costs by ~$2 million.

Camarillo has sent Crestview a letter stating that the Well #8 permit application is incomplete and asking it to fund environmental studies, to submit plans to mitigate the impacts on neighbors, and to say whether it is willing to connect properties on septic systems to the Camarillo sewer system. Crestview’s Continue reading Well #8 permit application draws City requirements that may increase costs by ~$2 million.

Board sitting on the fence about how to report Well #7 and Well #8 in the FY2021 financial report.

On June 6, Crestview plans to mail to every shareholder FY2021 financial statements that clearly do not comply with state law. For the legally-required annual report reviewed by the CPA firm and containing all necessary adjustments and disclosures, shareholders are referred to a website, where that report does not exist—at Continue reading Board sitting on the fence about how to report Well #7 and Well #8 in the FY2021 financial report.

Mandatory conservation measures threatened by suppliers of imported water provide more justification for not selling the company, for getting out of the Well #8 contract, and for a new backup well.

On April 26 the Metropolitan Water District may limit landscape watering to once per week.  That would cut Crestview consumption 57%, and our rates would go up.  A recent letter from Crestview announced the draconian MWD rules would not apply to us if we reduce our consumption by just 20% Continue reading Mandatory conservation measures threatened by suppliers of imported water provide more justification for not selling the company, for getting out of the Well #8 contract, and for a new backup well.