IWVGA spending $6.4M for rights to 750 acre-feet of imported water
The Indian Wells Valley Groundwater Authority has signed an agreement to spend $6,396,000 to buy the rights to 750 acre-feet of state water per year to import from southwestern Kings County. A nonbinding letter of intent signed Tuesday and obtained by the Daily Independent lays out the terms between the IWVGA and an entity called Utica LJL, LLC to purchase water assets. Utica LJL is in the early stages of developing a site along Interstate 5 about four miles south of Kettleman City to build gas stations, restaurants, motels, an industrial park, and farmland.