Bonds sold for San Juan water treatment plant
The Southwest Water Company announced funding on Jan 8 for a 25 million dollar reverse osmosis water treatment facility in San Juan. Underwritten by Lehman Brothers and issued by the San Juan Basin Authority, the project includes eight new wells and 5 million gallons per day output. Construction ends in late 2004 with a 20 year operation contract. The plant sits near city hall at Paseo Adelanto. Capistrano Valley Water District and the City of San Juan Capistrano approved the project to secure affordable water.
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