California AB1712 allows the City of Santa Fe Springs to sell its water utility if consolidating with another system is deemed not in the public.
California AB1712 provides specific conditions under which the City of Santa Fe Springs can sell its water utility. The sale is permitted if the city's water supply is contaminated or poses a risk to public health, and if consolidation with another water system is not in the public interest. The sale must be for fair market value and approved by four-fifths of the city's legislative body. The city must also consider protests from residents and ratepayers, and if at least 10% of interested persons protest, an election must be held where a majority of voters must approve the sale.
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