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KPAY News

US Bureau of Reclamation Sites Project Authority meet on future partnership

Negotiations are underway between the two groups looking to move the Sites Reservoir forward.... The U.S. Bureau of Reclamation and the Sites Project Authority met this week to continue work on their partnership. So far more than 200 million dollars has been spent it getting the project under way. The Sites Authority will own the reservoir and the negotiations will determine the Bureau of Reclamation's role. Officials believe a signed agreement between the two sides will allow the Sites Authority to acquire loans for construction costs which are estimated to be between 6-point-2 and 6-point-8 billion dollars. The two sides met at the Tehama Colusa Canal Authority offices