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OLYMPIA WATER MUTUAL DISSOLVES 08/02/12 0637 S.S.

OVER  THE  YEARS,   THE  SAN  LORENZO  VALLEY  WATER  DISTRICT HAS  ABSORBED  A  NUMBER  OF  SMALLER  LOCAL  WATER  COMPANIES,   AND  IT  LOOKS  LIKE  THE  51-HOME  OLYMPIA  MUTUAL  WATER  COMPANY (WHICH  NEEDS  TO  DO  WORK  ON  THEIR  INFRASTRUCTURE,   BUT  CANNOT  AFFORD  TO  DO  SO)  WILL  BE  NEXT.      THE  COMMUNITY  WATER  COMPANY  SERVES  51  HOMES  WEST  OF ZAYANTE  CREEK.    THE ANNEXATION  WAS  APPROVED  YESTERDAY  BY  THE  SANTA  CRUZ  COUNTY  LOCAL  AGENCY  FORMATION   COMMISSION,  AND,   IF  NO  MORE  THAN  25  PERCENT  OF  NEIGHBORS  OBJECT,   THE  MERGER  WILL  BECOME  OFFICIAL.

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