Water Stock
The City has ownership in a variety of private and mutual water companies to supply water to the City’s Tate and Hinckley surface water treatment plants. For decades the City has increased its ownership in these companies in an effort to increase its access to a reliable local source of water. The City’s founders were wise to realize the value of this commodity and sought ownership of water rights in the surrounding tributaries and from local water companies and water right owners.
Yucaipa Sustainable Groundwater Management Agency (Yucaipa SGMA)
Through its stock ownership in South Mountain Water Company, the City of Redlands is an active groundwater producer within the Yucaipa Basin. Since 2016, the City of Redlands has actively participated in the development of both the Yucaipa SGMA and its groundwater sustainability plan (GSP). All information on meetings, agendas, minutes and progress of the GSP are available at yucaipasgma.org.
Ownership in the following companies has provided the City with the necessary water to meet customer demands:
COMPANY |
SHARES |
---|---|
Bear Valley Mutual Water Company |
90,952 |
Happe Mutual Well Company |
12 |
Crafton Water Company |
408.75 |
Lugonia Park Water Company |
48.5 |
Lugonia Water Company |
837.5 |
Redlands Heights Water Company |
982.5 |
Redlands Water Company |
1234.836 |
South Mountain Water Company |
911 |
West Redlands Water Company |
448 |
If you are interested in selling your private company shares to the City of Redlands, please contact the Municipal Utilities and Engineering Department at (909) 798-7698.