MWD: WHAT: The Metropolitan Water District of Southern California will hold the latest in a series of four public forums as the district begins updating its region-wide water resources plan.

Cadiz Inc. (NASDAQ:CDZI) announced today the execution of a 99-year lease agreement with the Arizona & California Railroad Company (ARZC). The agreement will allow Cadiz to utilize a portion of the railroad's right-of-way for a conveyance pipeline as part of the Cadiz Valley Dry-Year Supply Project.

Fitch Ratings assigns the rating of 'AA+' to the Metropolitan Water District of Southern California (Metropolitan or the district) $77.4 million water revenue refunding bonds, 2008 series C.

By Hazlehurst, John In 1850, Los Angeles was a tiny Spanish pueblo, relying on the Los Angeles River for its water supply. The river's water was distributed by the kind of communal system - - dams, waterwheels and ditches -- that still exists in parts of Colorado's San Luis Valley.

By Hazlehurst, John Los Angeles receives water through the Metropolitan Water District, which operates the 242-mile-long Colorado River Aqueduct and delivers water to 20 different municipalities in Southern California.