Southern California might foot the bill for delta tunnels project — with no promise of reimbursement

Southern California's biggest water agency is considering picking up most of the bill for overhauling the state's waterworks without any guarantee that it will eventually recoup its additional, multibillion-dollar investment.

At a board workshop Tuesday, officials of the Metropolitan Water District of Southern California outlined ways in which the agency could finance the construction of two giant water tunnels under the Sacramento-San Joaquin Delta.

Underlying the plan is an assumption that the San Joaquin Valley agricultural districts that have refused to share in the upfront costs of the mammoth construction project would be willing to buy into it when the project is finished.

Read the entire article at LAtimes.com