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Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California

Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California
phoenixherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phoenixherald.com Daily Mail and Mail on Sunday newspapers.

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Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California

Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California
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United States , Kern County , David Gladstone , Jay Beckhorn , Gladstone Land Corporation , Securities Exchange , Semitropic Water Storage District , Gladstone Land , Bill Reiman , Executive Vice President , Investor Relations , Securities Act , Securities Exchange Act , Annual Report ,

Gladstone Land Corporation: Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California

Gladstone Land Corporation: Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California
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State expands drought emergency to Santa Clara, San Mateo counties

State expands drought emergency to Santa Clara, San Mateo counties
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State expands drought emergency to Santa Clara, San Mateo counties

A dry creek bed connecting to the Lexington Reservoir in Los Gatos on July 7, 2021. Photo by Magali Gauthier.
Closer to home, Santa Clara Valley Water District, also known as Valley Water, is the poster child for how quickly a water system can become vulnerable to drought.
Water storage rates in Santa Clara County s 10 reservoirs are currently 16% in Guadalupe and Stevens Creek; Lexington, Chesbro, Coyote and Uvas are in the 20%-25% range; and Calero and Almaden at 45% and 54%, respectively. Only Vasona is at near capacity at 94%, according to the Valley Water Surface Water data portal.
Anderson Reservoir, the district s largest, is at 4% capacity; however, the Federal Energy Regulatory Commission ordered the district to drain the reservoir over seismic concerns due to its age. Located near Morgan Hill, Anderson is Valley Water s largest reservoir and stores half of the water in its system. The reservoir will stay empty for the next decade, depriving the county of that ....

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