Santa Barbara Lifts Lawn Watering Ban as City Council Gets Update on Water Supply

Santa Barbara’s mandatory lawn watering ban has been lifted and the citywide conservation target has been reduced, thanks to heavy winter rains that significantly improved the drought-stricken water supply.

The City Council last month voted to pursue additional funding for a potential expansion of the desalination plant and a new conveyance pipeline. That vote authorized an increase in the city’s State Revolving Fund loan application to $106 million.

“With the recent rains, we are able to postpone the decision on desalination expansion and the conveyance pipeline,” Dyer said. “We aren’t pursuing any funding for the conveyance project — […]

Santa Barbara Lifts Lawn Watering Ban as City Council Gets Update on Water Supply2017-03-29T08:59:15+02:00

Bank Leumi (USA) Launches Water Division, Expanding U.S. Commercial Banking Business

“The focus on water is intensifying. An estimated $1T[iii] in new investment is needed just to rehabilitate the current U.S. water infrastructure over the next two decades,” said Shawn McGowen, Leumi’s Head of Commercial Banking in the U.S. “With many water-focused companies looking to expand internationally, now is the right time for us to enter this sector. We have the unique advantage of a strong partnership with our parent company and can readily leverage its experience and resources. Simply put, Leumi can provide water-focused companies with full-service banking wherever they do business.”

Much like the technology sector, in which Leumi […]

Bank Leumi (USA) Launches Water Division, Expanding U.S. Commercial Banking Business2017-04-05T15:15:09+02:00
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