California American Water Appeals Ruling on LAFCO Decision

Core Points - California American Water is appealing a court decision that vacated a resolution denying the Monterey Peninsula Water Management District's (MPWMD) application to become a retail water supplier, which is necessary for MPWMD to serve Monterey customers [1][2] - The LAFCO decision is linked to Measure J, a 2018 ballot initiative aimed at exploring the feasibility of MPWMD acquiring California American Water's Monterey assets, which has resulted in MPWMD spending over $3 million on legal and consulting fees over five years [2] - California American Water has been operating the water system in the Monterey area for over 60 years, employing around 100 local professionals, including licensed operators and engineers [3] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 jurisdictions and 18 military installations [4] - California American Water, a subsidiary of American Water, provides reliable water and wastewater services to approximately 700,000 people [5]