Silicon Valley Clean Water Investor Relations

Welcome Letter

On behalf of Silicon Valley Clean Water and its four communities, welcome to our official investor relations website. We appreciate your interest and investment in SVCW, as it will support the continuation of critical wastewater infrastructure improvements in the Silicon Valley area. We are excited about our Regional Environmental Sewer Conveyance Upgrade (RESCU) program, which will replace or rehabilitate wastewater conveyance and treatment systems that are over 40 years old. You can see https://svcw-rescu.org/ for more information on RESCU.

SVCW is committed to maintaining strong bond ratings and to being as transparent as possible with the investor community and general public. We hope you find this website useful to understand the SVCW organization, its Capital Improvement Program, and our members’ credit fundamentals. Please do not hesitate to contact our office and thank you again for your interest in SVCW’s financing program.

Sincerely,

Teresa Herrera

SVCW Manager

About Silicon Valley Clean Water

SVCW is a California Joint exercise of Powers Authority (JPA) that provides wastewater transmission, treatment, and effluent disposal to the cities of Belmont, Redwood City, and San Carlos, as well as the West Bay Sanitary District (collectively, the “Members”). All Members are located in the northern part of Silicon Valley between San Francisco and San Jose. SVCW serves more than 200,000 Bay Area people and businesses including Facebook, Oracle, and EA Sports.

Members each own and operate separate sanitary sewer collection systems for their respective communities. SVCW is governed by the elected representatives designated by Members to serve on the SVCW Commission. Key Commission authorizations include hiring and retaining the SVCW Manager, as well as the approval of operating and capital budgets, large expenditures and contracts, and issuance of debt. 

SVCW owns the pipeline and pump stations to carry sewage to its wastewater treatment plant (WWTP) located adjacent to the San Francisco Bay. The existing conveyance system is approximately 40 years old and includes four pump stations, a wet-weather booster station, a lift station, and a nine-mile reinforced concrete forcemain. Additionally, SVCW leases a remote Flow Equalization Facility from West Bay Sanitary District.

SVCW capital costs are allocated per Members’ owned share of SVCW treatment capacity, as follows:

• City of Redwood City                    48.57%  
• West Bay Sanitary District           26.84%  
• City of San Carlos                          15.14%
• City of Belmont                                9.45%

To protect the health and environment of the communities it serves, SVCW has launched its Regional Environmental Sewer Conveyance Upgrade (RESCU) Program. RESCU will replace or rehabilitate key infrastructure including all pump stations, 3.3 miles of conveyance pipeline, and headworks facilities.