Cadiz received an effective BLM Right-of-Way Grant allowing conversion of its Northern Pipeline to water conveyance and to proceed with construction activities.
Key Highlights:
- BLM issued an effective Title V Right-of-Way Grant after an EA and a Finding of No Significant Impact.
- Cadiz paid required rent/fees and posted a performance and reclamation bond of about $2.5 million.
- Grant authorizes construction, operation and maintenance on BLM lands across the 220-mile pipeline.
- Northern Pipeline capacity is up to 25,000 acre-feet/year; Cadiz has contracts for 85% (21,275 AF/yr), subject to conditions and construction.
Original SEC Filing:
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