LOS ANGELES--(BUSINESS WIRE)--Cadiz Inc. (NASDAQ: CDZI), a California land and water resources development company, is pleased to announce that it has posted a new letter from United States Representative Mimi Walters (R-Irvine) in support of the Cadiz Valley Water Conservation, Recovery & Storage Project (“Cadiz Water Project”) to its website at http://cadizinc.com/projectsupport/.
Congresswoman Walters’ endorsement follows last week’s vote by BizFed, the Los Angeles County Business Federation, to support the Project and the receipt of a new letter of support from the Association of California Cities – Orange County (ACC-OC).
The Cadiz Water Project is public-private partnership with the Santa Margarita Water District that will conserve water presently being lost to evaporation and deliver a new water supply for 400,000 people across Southern California.
About Cadiz Inc.
Founded in 1983, Cadiz Inc. is a land and water resource development company that owns 70 sq. miles of property and water rights in Southern California. The Company is engaged in a combination of organic farming and water supply and storage projects. Cadiz abides by a “Green Compact” focused on sustainable practices to manage its land, water and agricultural resources and has committed to implement its projects without harm to the environment. For more information about Cadiz, visit www.cadizinc.com.
FORWARD LOOKING STATEMENT: This release contains forward-looking statements that are subject to significant risks and uncertainties, including statements related to the future operating and financial performance of the Company and the financing activities of the Company. Although the Company believes that the expectations reflected in our forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Factors that could cause actual results or events to differ materially from those reflected in the Company’s forward-looking statements include the Company’s ability to maximize value for Cadiz land and water resources, the Company’s ability to obtain new financing as needed, the receipt of additional permits for its projects and other factors and considerations detailed in the Company’s Securities and Exchange Commission filings.
