THIS JUST IN … Southern California water agency backs off plan to finance both Delta tunnels

From the Sacramento Bee:

“In an unexpected reversal, a powerful Southern California water agency on Monday scrapped its plan to pay for a majority share of the controversial Delta tunnels project, leaving the troubled proposal billions of dollars short of the funding needed.

The decision by the Metropolitan Water District of Southern California doesn’t necessarily doom the $16.7 billion, twin-tunnels project, known officially as California WaterFix.

Instead, Metropolitan said it supports the “staged approach”floated in recent months by Gov. Jerry Brown’s administration, which would build the tunnels one after another as funding becomes available. State officials say building one tunnel would cost about $11 billion. … ”

Read more from the Sacramento Bee here:  Southern California water agency backs off plan to finance both Delta tunnels

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