Archive | December 2009

Cascade Purchase of Lake Tapps Complete

December 22, 2009

Media Release (PDF >) On December 18, 2009, the several-year process was completed by which Cascade Water Alliance purchased Puget Sound Energy’s White River Project, including the Lake Tapps Reservoir. Share this:

Lake Tapps Winter Season Drawdown to Begin Nov. 1

October 23, 2009

News Article (PDF >) Bellevue, WA – Puget Sound Energy, in coordination with the Lake Tapps Community Council and the Cascade Water Alliance, will begin actively dropping the water level of Lake Tapps beginning Nov. 1 as part of the reservoir’s annual wintertime drawdown. Due to low flows in the White River, lake levels have been dropping naturally for the past few weeks. The community council urges lakeside residents to remove their boats before the drawdown starts to avoid water craft from becoming stranded

Cascade visits federal delegation in DC

October 22, 2009

Media Release (PDF >) Redmond Mayor John Marchione and Cascade’s Intergovernmental and Communications Director Elaine Kraft visited Washington DC and met with staffs of Congressman Dicks, Inslee, Reichert and Smith and Senators Murray and Cantwell, as well as key agency staff. Share this:

Water Connections Working Group reviews project ranking

October 22, 2009

Media Release (PDF >) September 10 Water Connections Working Group The third meeting of the Cascade Water Connections working group was held September 10th. The 25 members who attended reviewed ranking scenarios of various projects and looked at comparison of rankings, looking at quadrant analysis of the projects, and considered recommendations and next steps. Share this:

Cascade receives ratings upgrade from Standard & Poor’s

October 22, 2009

Media Release (PDF >) Standard & Poor’s announced on September 4 that it increased its rating on Cascade’s long-term and underlying rating to AA+ from AA- on the Series 2006 water system revenue bonds. At the same time, Standard & Poor’s assigned its ‘AA+’ long-term rating to the Cascade’s series 2009A tax-exempt water system revenue bonds and series 2009B taxable water system revenue bonds (Build America Bonds). Share this:

Message From the Chair

October 22, 2009

Media Release (PDF >) As a native of Western Washington I remember many summers praying for at least one good week of hot weather. As the fall rains arrive I can’t remember a longer and hotter summer than the one we just enjoyed. We’ve had almost no rain since May and temperatures topping 100 degrees. Share this: