Montecito district board supports terms for water sales agreement with Santa Barbara
Terms were revealed this week for a developing water sales agreement between the Montecito Water District and City of Santa Barbara. The 50-year water sales agreement provides 1,430 acre-feet of water a year to Montecito, at a cost of about $2,700 per acre-foot. The terms of agreement allow for the possibility to purchase and receive 445 acre-feet of additional water each year.
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