The Valencia Water Company was officially dissolved into the Santa Clarita Valley Water District Thursday after the newly-formed board approved the motion.

The 15-member SCV Water board has approved the dissolution of Valencia Water Company, formally transferring assets, property and liabilities as well as all VWC employees into SCV Water, said officials.

“With tonight’s actions, we deliver on the promise of elected representation for all water customers in Santa Clarita Valley,” said Bill Cooper, president of the SCV Water board of directors at the board’s second meeting of the year Thursday.

Previously a private water company, VWC was purchased by the former Castaic Lake Water Agency in 2012.

Members of the new water agency have until the end of the month to take the appropriate steps in authorizing the dissolution of the VWC, according to officials.

The dissolution is expected to be complete by Jan. 31, 2018. As specified in SB 634, authored by Senator Scott Wilk, this action is the final step to unify the four largest water providers which serve most of the Santa Clarita Valley.

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Santa Clarita Valley’s new all-encompassing water agency officially came went into effect Jan. 1.

It follows the inception of SCV Water, when CLWA and Newhall County Water District became one entity. SB 634 also established electoral districts, insuring equal elected representation for all water customers within the boundaries of SCV Water.

“An integrated approach to water supply and delivery in the valley means a better use of our resources,” said Cooper, “environmentally and financially.”

For more information, visit the SCV Water District website.

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