- Last Updated: 15 September 2016
MADERA IRRIGATION DISTRICT COMPLETES ANOTHER SUCCESSFUL BOND REFUNDING
The Madera Irrigation District (MID or District) recently completed a bond refunding of the District’s 2008 Bonds. By refunding these bonds and including a District contribution, the District will realize an annual savings of nearly $1.0 million. This annual savings will continue over the next 20 years through the remaining life of the bonds, which is scheduled to end in 2038. Thomas Greci, General Manager stated, “An annual savings of close to $1.0 million is significant to the District and our annual budgeting process. This will allow the District to direct expenditures into projects and programs that will advance the mission of the District without increasing the District’s overall budget.” The refunding resulted in an immense net present value savings of 26.7% of the prior bond principal, with a net cashflow savings of approximately $13.3 million. To put that in perspective, the bond market considers a net present value savings of 3% to be satisfactory.
The District closed the refunding of the MID Water Revenue Refunding Bonds, Series 2016 on September 15, 2016. The District’s Board of Directors opted to take advantage of the excellent market conditions for the bond refunding. “The Board looked at many options related to the contributions and structure of this refunding, the Board is very pleased with the results. A $1.0 million savings to our District’s annual budget will be a benefit to all landowners in MID” stated Carl Janzen, Board President.
Thomas Greci, General Manager stated, “Over the last two years the District has been able to reduce its outstanding debt by over $34 million through the refunding of the 2011 Bonds in 2015 and the 2008 Bonds in 2016. The District’s Board and Management continue to strive for ways to further the District’s position during even the most challenging water years.”
- Last Updated: 25 July 2016
MADERA IRRIGATION DISTRICT TO EXTEND 2016 WATER SEASON
Madera Irrigation District (District or MID) will lengthen its 2016 water season an additional three to five weeks. With increased allocations and supplemental supplies secured by the District, the District anticipates surface water deliveries will continue through late August as opposed to late July as was originally projected.
MID began delivering water to its growers on March 20, 2016. With increases to the allocations from the United State Bureau of Reclamation (USBR) throughout the season and acquisitions of additional supplies through various programs, MID will be able to extend service to its customers with a delivery season of approximately five months. The 2016 water season will be the longest season for the District in five years.
“MID is determined to maximize the availability of surface water supplies to our growers. These additional supplies and extended water season will help to preserve and enhance our groundwater resources. MID strongly encourages its growers to take advantage of this opportunity to utilize surface water supplies while they are available” stated Thomas Greci, General Manager.
The current water rates are $120 per acre foot for Original District users and $340 per acre foot for Subordinate users.
- Last Updated: 18 July 2016
The Madera Irrigation District (MID or District) is a public agency, established by the State Legislature as a Special Act District. It is governed by a five-member Board of Directors who are elected at large, but who must reside within the division they serve. The statutory authority under which an irrigation district operates is known as the California Water Code. A large segment of the City of Madera (City) is included within the District. Each resident of the City, who is registered to vote, has an opportunity to vote for the Director of his or her choice and may opt to run for the directorship. MID Board meetings are held the 1st Tuesday of the month at 1:00 p.m. A summary of Director Benefits is available here.
The following Madera Irrigation District seats are scheduled to appear on the November 8, 2016 ballot – Divisions 2, 4, and 5, a division map is available here. The following are the filing periods associated with becoming a candidate for the office:
- July 18, 2016 to August 12, 2016 Nomination & Declaration of Candidacy Period
- August 13, 2016 to August 17, 2016 Extended Nomination & Declaration of Candidacy Period (extends when incumbent fails to file)
Interested candidates must obtain and file the required documentation to run for office from the Madera County Clerk-Recorder, located at 200 W. 4th Street, Madera California. Pursuant to Elections Code Section 10515, if there is an insufficient number of nominees, the supervising authority shall make appointments.
The District encompasses an area of approximately 139,665 acres. MID operates a primarily gravity irrigation distribution system with approximately 300 miles of open flow canal systems as well as 150 miles of large diameter pipelines. The District has a Central Valley Project (CVP) repayment contract with United States Bureau of Reclamation (USBR) providing up to 85,000 acre feet (AF) of Class 1 and 186,000 AF of Class 2 water per year from the Friant Division (Millerton Lake). The CVP water is released from Millerton Lake through the Friant Dam, and then conveyed through the Madera Canal for delivery into the District’s service area. The District also entered into a CVP repayment contract with the USBR for the yield from the Hidden Unit (Hensley Lake). Under the Hidden Unit contract, the average annual supply available to the District is approximately 24,000 AF per year.
For more information, contact Board Secretary Andrea Sandoval at (559) 673-3514 ext. 215.
- Last Updated: 24 June 2016
MADERA IRRIGATION DISTRICT AWARDED TWO UNITED STATES BUREAU OF RECLAMATION
WATERSMART GRANTS TOTALING OVER $870,000
In January 2016, Madera Irrigation District (MID or District) staff prepared two applications for the U.S. Bureau of Reclamation (USBR) WaterSMART: Water and Energy Efficiency grant program. On June 23, 2016, MID was notified that both projects were approved and would receive a total of $873,161 in Federal funds.
The first application titled “Irrigation Water Conservation and Canal Automation Improvement Project” will expand the District’s existing Supervisory Control and Data Acquisition (SCADA) system by installing 14 new solar-powered automated gates and meters throughout the District. The gates and meters can be remotely monitored and controlled by smart phones and are programmed to automatically open and close to maintain a constant flow within +/- 2.5% accuracy, regardless of varying upstream water level. Upon completion, the project is estimated to conserve 3,600 acre-feet on average each year.
The second application titled “Lateral 24.2-17.0 Pipeline Improvement Project” will underground approximately 6,500 feet of the existing Lateral 24.2-17.0 canal into a 36” pipeline to reduce seepage. Additionally, a small basin will be constructed to capture spill water and manage recharge within the District. Once constructed, the project is estimated to conserve 1,750 acre-feet on average each year.
The projects will be constructed outside of the irrigation season to avoid service interruption and are scheduled to be fully operational by October 2018. For more information, please contact the MID Engineering staff at (559) 673-3514.
- Last Updated: 06 May 2016
RECLAMATION INCREASES THE FRIANT DIVISION 2016 CLASS 1 WATER SUPPLY ALLOCATION TO 65 PERCENT
The Bureau of Reclamation announces an additional increase in the water supply allocation to the Friant Division contractors of their Class 1 water from 50 to 65 percent. The initial Friant Division water supply allocation announced on April 1, 2016, was 30 percent Class 1water supply; an additional 100,000 acre-feet of Uncontrolled Season supply was made available to avert flood control concerns and needed to be delivered by the end of April. The Class 1 water supply allocation was subsequently increased from 30 to 40 percent on April 11, 2016, and from 40 to 50 percent on April 21, 2016, pursuant to prior notifications to Friant Division contractors.
Class 1 is generally considered the supply which can be dependably managed through storage regulation over the season and delivered at the contractor’s convenience. The Class 1 supply will continue to be reassessed at weekly intervals until further notice.
- Last Updated: 04 May 2016
MID GROUNDWATER FORUM AND GROWERS MEETING HELD APRIL 28, 2016
The MID Groundwater Forum and Growers Meeting was held on April 28, 2016 at the Madera Fairgrounds. Over 160 people attended the annual event. Dan McManus, Supervising Geologist at the Department of Water Resources presented at the Groundwater Forum. His presentation can be found here. MID Assistant General Manager Dina Nolan's presentation from the Groundwater Forum can be found here.
During the Growers Meeting, General Manager Thomas Greci and Friant North Authority's Executive Officer David Orth presented. The presentation can be found here.
The District would like to thank the Madera County 4-H Leaders Council for preparing a delicious lunch. The District would also like to thank Panoche Creek and Minturn Nut Co. for the almond donations.
- Last Updated: 04 May 2016
BUREAU OF RECLAMATION INCREASES WATER ALLOCATION TO FRIANT DIVISION CONTRACTORS
The Bureau of Reclamation announced an increased allocation to the Friant Division contractors of Class 1 water supply from 40 to 50 percent on April 21, 2016. The initial Friant Division water supply allocation announced on April 1, 2016, was 30 percent Class 1 water supply and an additional 100,000 acre-feet of Uncontrolled Season supply to be scheduled and delivered by the end of April. The Class 1 water supply allocation was subsequently increased from 30 to 40 percent pursuant to Reclamation’s April 11, 2016, notification to Friant Division contractors.
The MID Board of Directors approved a revised Crop Water Distribution Policy on April 27, 2016. The Revised Crop Water Distribution Policy can be found here. Growers are encouraged to sign up for water. A late penalty fee will be imposed beginning June 1, 2016.