News

Central Basin Seats Directors Appointed by Purveyors

Thursday, February 23, 2017

Commerce, CA – After months of collaboration and commitment to implementing good government reforms, the Central Basin Municipal Water District has seated three new Board Members selected by the purveyors in the service area. The now eight-member board includes William Gedney, Mark Grajeda and John Oskoui.

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Central Basin Announces Nominees for Appointed Director Seats

Thursday, February 2, 2017

Commerce, CA – With four nominations, Central Basin is moving to the voting phase of the appointed director process. The nominee for the city purveyor group is Assistant City Manager for Downey, John Oskoui. Large water purveyors have nominated William Gedney, Vice President of Environmental Quality for Golden State Water Company. The at-large purveyor category nominees include Oskoui, Michael Gomez, Director of Walnut Park Mutual Water Company and Mark Grajeda, General Manager for Pico Water District.

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New Board President and Vice President Selected To Lead Central Basin Board Of Directors

Thursday, January 26, 2017

Commerce, CA – The Central Basin Board of Directors have selected Division V Director Phillip Hawkins to serve as the Board President and Division II Director Pedro Aceituno to serve as Board Vice President.  

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Central Basin Initiates Process for Appointment of Directors

Thursday, January 12, 2017

Commerce, CA – With a call for nominations, Central Basin Municipal Water District has initiated the process of expanding its Board of Directors from a five to an eight-member board. The expanded board will include five publicly elected directors and three appointed directors selected by water purveyors from the District’s service area.

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Central Basin Board Directors Pedro Aceituno, Leticia Vasquez and Phillip Hawkins Sworn Into Office

Tuesday, December 6, 2016

Commerce, CA – Central Basin Municipal Water District Board Members Pedro Aceituno, Leticia Vasquez, and Phil Hawkins were sworn into office on Friday, December 2, 2016. The Board Directors were joined by 120 constituents comprised of family, dignitaries and community stakeholders. Director Aceituno will be serving his first term; Director Vasquez will be serving her second term; and Director Hawkins will be serving his fifth term on the Central Basin Board of Directors.

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Central Basin Bond Sale Draws Local Investor Attention

Thursday, November 10, 2016

Commerce, CA – Central Basin Municipal Water District has closed its bond refunding sale with City National Bank of Beverly Hills, Bank of the West, Kayne Anderson Capital and Citigroup.  The $7.2 million sale is a milestone that was key to solidifying the District’s financial stability.

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State Association Honors Central Basin for Exceeding Information Technology Standards

Friday, October 28, 2016

Commerce, CA – For the 9th consecutive year, the Central Basin Municipal Water District has been recognized for surpassing information technology standards. The Municipal Information Systems Association of California (MISAC) recognized Central Basin with the Award for Excellence in IT Practices, the highest level of recognition for local governments.

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Delegation from East China visit Central Basin to Learn about Water Sustainability Efforts

Monday, October 17, 2016

Commerce, CA – On Friday, October 14, the Central Basin Municipal Water District Board hosted a delegation of six water resources directors from Ningbo City, one of China’s oldest cities dating back to nearly 7,000 years ago. Central Basin provided the delegation a rich history of water supplies in Southern California and today’s efforts to conserve the precious resource.

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Central Basin Affirms Financial Stability with Positive Credit Rating

Monday, October 10, 2016

Commerce, CA – Central Basin’s efforts to initiate reforms to improve operations and financial stability have been recognized by Moody’s Investor Service, who have affirmed an A1 credit rating.  This rating indicates the District has a low credit risk and has earned credibility among the investment community. 

The District’s actions that have supported the affirmed credit rating include:

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Signed Legislation Caps Year-Long Reform Efforts at Central Basin

Wednesday, September 21, 2016

Commerce, CA – Central Basin Municipal Water District is looking forward to continue working with state legislators as Governor Jerry Brown has signed into law two bills aimed at improving District operations, as a result of a State Audit report. Senate Bill 953 by Senator Ricardo Lara codifies District policies that are currently in place, while Assembly Bill 1794 by Assembly Member Cristina Garcia will expand the District’s Board with three appointed members.

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