Here’s what Coldwell Banker has learned in the past few days from the Monterey Water Management District and Cal-Am Water Co.:
1) There are still many unresolved issues concerning the issuance of water permits within the Monterey Peninsula Water Management District and with Cal-Am, who issues most of their water meters. In appr. 45 days (mid-May) there will be a joint meeting session between the California Water Resources Agency, Cal-Am and MPWMD to try to iron out many of these controversies
2) The MPWMD has posted, on their website, certain projects or areas that they feel will be exempt from any water moratorium. http://www.mpwmd.dst.ca.us/
I advise you to check out the website to what it means to you and your property in Pacific Grove or Monterey.
Avg. Sales Price: $918,630
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