---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-026597"
form_type: "8-K"
ticker: "CDZI"
cik: "0000727273"
company_name: "CADIZ INC"
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:30:22.068511+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cadiz signs 40-year water supply deal with Cucamonga Valley Water District for up to 5,000 AFY

## Summary
- CVWD to purchase up to 5,000 acre-feet per year from Cadiz's Water Project via Northern Pipeline.
- Target delivered price of $1,000/AF; maximum price capped at $1,650/AF (lesser of that or IEUA recycled water rate minus 15%).
- Cadiz expects net revenue of $850/AF in 2024 dollars, totaling ~$170M over 40 years with annual inflation adjustments.
- Together with other agreements, 85% of Northern Pipeline's 25,000 AFY capacity is now committed.
- Agreement has a 30-year term extendable; deliveries subject to conditions precedent and completion of conveyance facilities.

## SEC filing metadata
- accession: 0001437749-24-026597
- form_type: 8-K
- ticker: CDZI
- cik: 0000727273
- company_name: CADIZ INC
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727273/000143774924026597/0001437749-24-026597-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727273/000143774924026597/cdzi20240814_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-026597
- JSON: https://secwatch.observer/filing/0001437749-24-026597.json
- Plain text: https://secwatch.observer/filing/0001437749-24-026597.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.