IBank Loan Profile: Pico Water District

Pico Water District


LOCATION: Pico Rivera, CA


AMOUNT ISSUED: $2,020,200 – ISRF


DATE ISSUED: January 24, 2017


ABOUT: The funds are intended to replace an existing water well established in 1929. The new energy efficient well will bolster the District’s groundwater production, which is its only source of drinking water. In addition to reducing electrical costs and improving water source reliability, the project will create 15 construction jobs.