SJW Corp., through its subsidiaries, provides water utility services in the United States. Subsidiaries San Jose Water Company, a wholly owned subsidiary of the company, is a public utility engages in the business of providing water service to approximately 229,000 connections that serve a population of approximately 1 million people in an area comprising approximately 138 square miles in the metropolitan San Jose, California area. SJWTX, Inc., a wholly owned subsidiary of the company, is doing business as Canyon Lake Water Service Company (CLWSC). CLWSC is a public utility engages in the business of providing water service to approximately 12,500 connections that serve approximately 37,000 people. CLWSC's service area comprises approximately 243 square miles in western Comal County and southern Blanco County in the growing region between San Antonio and Austin, Texas. SJWTX, Inc. has a 25% interest in Acequia Water Supply Corporation. SJW Land Company, a wholly owned subsidiary of the company, owns undeveloped land in the states of California and Tennessee; owns and operates commercial buildings in the states of California, Arizona and Tennessee; and has a 70% limited partnership interest in 444 West Santa Clara Street, L.P. Texas Water Alliance Limited (TWA), a wholly owned subsidiary of the company, is undertaking activities that are necessary to develop a water supply project in Texas. Together, San Jose Water Company, CLWSC and TWA are referred to as ‘Water Utility Services’. SJW Land Company and its consolidated variable interest entity, 444 West Santa Clara Street, L.P., which operates commercial building rentals, are collectively referred to as ‘Real Estate Services’. Business The principal business of Water Utility Services consists of the production, purchase, storage, purification, distribution, wholesale, and retail sale of water. San Jose Water Company provides water service to customers in portions of the cities of San Jose and Cupertino and in the cities of Campbell, Monte Sereno, Saratoga and the town of Los Gatos, and adjacent unincorporated territories, all in the county of Santa Clara in the state of California. San Jose Water Company distributes water to customers in accordance with accepted water utility methods. TWA has entered into arrangements with certain landowners in Gonzales County, Texas that provide for the development of a water supply project. In connection with the project, TWA applied for groundwater production and transportation permits to meet the future water needs in CLWSC's service area and to the central Texas hill country communities and utilities adjacent to this area. San Jose Water Company also provides non-tariffed services under agreements with municipalities and other utilities. These non-tariffed services include water system operations, maintenance agreements and antenna leases. In 1997, San Jose Water Company commenced operation of the city of Cupertino municipal water system under the terms of a 25-year lease. The system is adjacent to the San Jose Water Company service area and has approximately 4,600 service connections. Water Supply San Jose Water Company's water supply consists of groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District (SCVWD) under the terms of a master contract with SCVWD expiring in 2051. The pumps and motors at San Jose Water Company's groundwater production facilities are propelled by electric power. San Jose Water Company has installed standby power generators at 33 of its strategic water production sites. As of December 31, 2015, San Jose Water Company's Lake Elsman contained 571 acre-feet or approximately 36% of the five-year seasonal average. CLWSC's water supply consists of groundwater from wells and purchased treated and raw water from the Guadalupe-Blanco River Authority (GBRA). CLWSC has long-term agreements with the GBRA, which expire in 2037, 2040, 2044, and 2050. The agreements, which are take-or-pay contracts, provide CLWSC with an aggregate of 6,900 acre-feet of water per year from Canyon Lake at prices that might be adjusted periodically by GBRA. Franchises Franchises granted by local jurisdictions permit Water Utility Services to construct, maintain, and operate a water distribution system within the streets and other public properties of a given jurisdiction. San Jose Water Company holds the necessary franchises to provide water in portions of the cities of San Jose and Cupertino and in the cities of Campbell, Monte Sereno and Saratoga, the town of Los Gatos and the unincorporated areas of Santa Clara County. CLWSC holds the franchise for water and wastewater service to the city of Bulverde, which terminates in 2029. The unincorporated areas that CLWSC serves in Comal and Blanco Counties do not require water service providers to obtain franchises. Environmental Matters Water Utility Services is in compliance with all of the United States Environmental Protection Agency's surface water treatment performance standards, drinking water standards for disinfection by-products and primary maximum contaminant levels. These standards have been adopted and are enforced by the California State Water Board, Division of Drinking Water and the Texas Commission on Environmental Quality for San Jose Water Company and CLWSC, respectively. San Jose Water Company is in compliance with all state and local regulations governing hazardous materials, point and non-point source discharges and the warning provisions of the California Safe Drinking Water and Toxic Enforcement Act of 1986. Regulation San Jose Water Company's rates, service and other matters affecting its business are subject to regulation by the California Public Utilities Commission. History SJW Corp. was founded in 1866. The company was incorporated in California in 1985.
sjw corp (SJW:New York)
110 West Taylor Street
San Jose, CA 95110
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