Tuesday Must Read: State Water Bond Delayed; East Bay Judge Halts Furloughs

Stories you shouldn’t miss:

1. Both houses of the state legislature voted last night to delay Proposition 18, the controversial $11 billion water bond, until the November 2012 election, AP reports. Governor Schwarzenegger is expected to finalize the delay as early as today. The bond measure has been heavily criticized by environmentalists because it would allow private corporations to own and operate taxpayer-built dams and reservoirs and could pave the way for a peripheral canal around the delta.

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