content: Securities and Exchange Commission
                       Washington, D.C. 20549
  
  
  
                              Form 8-K
  
                           Current Report
  
  
               Pursuant to Section 13 or 15(d) of the
                  Securities Exchange Act of 1934
  
  
              Date of Report (Date of earliest event reported):
  
                          January 6, 2001
  
  
  
                             Cadiz Inc.
         (Exact name of issuer as specified in its charter)
  
  
  
                              Delaware
           (State or other jurisdiction of incorporation)
  
  
  
                  0-12114                        77-0313235
          (Commission File Number)   (IRS Employer Identification No.)
  
  
  
  100 Wilshire Boulevard, Suite 1600, Santa Monica, CA            90401
  (Address of principal executive offices)                      (Zip Code)
  
  
     Registrant's telephone number, including area code: (310) 899-4700
  
  
  Item 5.   Other Events.
  
  In July 1998, the Company and Metropolitan approved basic principles and
  terms for a 50-year agreement for the Cadiz Groundwater Storage & Dry-
  Year Supply Program ("Cadiz Program"), a cooperative water management
  effort between Cadiz and the Metropolitan Water District of Southern
  California ("Metropolitan").  The principles and terms for agreement
  provided that Metropolitan will, during wet years of periods of excess
  supply, store surplus water from its Colorado River Aqueduct in the
  groundwater basins underlying the Company's eastern Mojave Desert
  property.  During dry years or times of reduced allocations from the
  Colorado River, the previously imported water, together with additional
  existing groundwater, will be extracted and delivered, via a conveyance
  pipeline, back to the aqueduct and into Metropolitan's service area.
  
  On January 6, 2001, Metropolitan, following extensive negotiations with
  the Company to further refine and finalize these basic principles and
  terms, submitted definitive economic terms and responsibilities
  ("definitive terms") for the Cadiz Program to its Board of Directors for
  anticipated consideration at its forthcoming January 9, 2001 Board
  Meeting.  A summary of the definitive terms, as presented to
  Metropolitan's Board, is attached as Exhibit 99.1. Until consideration
  and action by both the Company's and Metropolitan's Boards, the proposed
  definitive terms will remain subject to change.
  
       In addition, execution of a final agreement would be contingent
  upon and subject to completion of the ongoing environmental review
  process for the Cadiz Program.
  
  Item 7.   Exhibits
  
  99.1      Summary of Metropolitan-Cadiz Definitive Economic Terms &
            Responsibilities.
  
  
  
  
  
                                 SIGNATURES
  
  
       Pursuant to the requirements of the Securities Exchange Act of
  1934, the registrant has duly caused this report to be signed on its
  behalf by the undersigned hereunto duly authorized.
  
  
                                Cadiz Inc.
  
  
  
                                By: /s/ Stanley E. Speer
                                    _____________________
                                    Stanley E. Speer
                                    Chief Financial Officer
  
  
  Dated:  January 8, 2001
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "january018k.txt", "secsgml_size_bytes": 3190}]
metadata_filer: {"company-data": {"conformed-name": "CADIZ INC", "cik": "0000727273", "assigned-sic": "0700", "irs-number": "770313235", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-12114", "film-number": "1503064"}, "business-address": {"street1": "100 WILSHIRE BLVD.", "street2": "SUITE 1600", "city": "SANTA MONICA", "state": "CA", "zip": "90401", "phone": "3108994700"}, "mail-address": {"street1": "100 WILSHIRE BLVD.", "street2": "SUITE 1600", "city": "SANTA MONICA", "state": "CA", "zip": "90401-1111"}, "former-company": [{"former-conformed-name": "CADIZ LAND CO INC", "date-changed": "19920703"}, {"former-conformed-name": "PACIFIC AGRICULTURAL HOLDINGS INC", "date-changed": "19920602"}, {"former-conformed-name": "ARIDTECH INC", "date-changed": "19880523"}]}
text: Securities and Exchange Commission
                       Washington, D.C. 20549
  
                              Form 8-K
  
                           Current Report
  
               Pursuant to Section 13 or 15(d) of the
                  Securities Exchange Act of 1934
  
              Date of Report (Date of earliest event reported):
  
                          January 6, 2001
  
                             Cadiz Inc.
         (Exact name of issuer as specified in its charter)
  
                              Delaware
           (State or other jurisdiction of incorporation)
  
                  0-12114                        77-0313235
          (Commission File Number)   (IRS Employer Identification No.)
  
  100 Wilshire Boulevard, Suite 1600, Santa Monica, CA            90401
  (Address of principal executive offices)                      (Zip Code)
  
     Registrant's telephone number, including area code: (310) 899-4700
  
  Item 5.   Other Events.
  
  In July 1998, the Company and Metropolitan approved basic principles and
  terms for a 50-year agreement for the Cadiz Groundwater Storage & Dry-
  Year Supply Program ("Cadiz Program"), a cooperative water management
  effort between Cadiz and the Metropolitan Water District of Southern
  California ("Metropolitan").  The principles and terms for agreement
  provided that Metropolitan will, during wet years of periods of excess
  supply, store surplus water from its Colorado River Aqueduct in the
  groundwater basins underlying the Company's eastern Mojave Desert
  property.  During dry years or times of reduced allocations from the
  Colorado River, the previously imported water, together with additional
  existing groundwater, will be extracted and delivered, via a conveyance
  pipeline, back to the aqueduct and into Metropolitan's service area.
  
  On January 6, 2001, Metropolitan, following extensive negotiations with
  the Company to further refine and finalize these basic principles and
  terms, submitted definitive economic terms and responsibilities
  ("definitive terms") for the Cadiz Program to its Board of Directors for
  anticipated consideration at its forthcoming January 9, 2001 Board
  Meeting.  A summary of the definitive terms, as presented to
  Metropolitan's Board, is attached as Exhibit 99.1. Until consideration
  and action by both the Company's and Metropolitan's Boards, the proposed
  definitive terms will remain subject to change.
  
       In addition, execution of a final agreement would be contingent
  upon and subject to completion of the ongoing environmental review
  process for the Cadiz Program.
  
  Item 7.   Exhibits
  
  99.1      Summary of Metropolitan-Cadiz Definitive Economic Terms &
            Responsibilities.
  
                                 SIGNATURES
  
       Pursuant to the requirements of the Securities Exchange Act of
  1934, the registrant has duly caused this report to be signed on its
  behalf by the undersigned hereunto duly authorized.
  
                                Cadiz Inc.
  
                                By: /s/ Stanley E. Speer
                                    _____________________
                                    Stanley E. Speer
                                    Chief Financial Officer
  
  Dated:  January 8, 2001