UNITED STATES
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) February 6, 2009
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SJW Corp.
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(Exact name of registrant as specified in its charter)
California 1-8966 77-0066628
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
110 W. Taylor Street, San Jose, California 95110
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(Address of principal executive offices) (Zip Code)
(408) 279-7800
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Registrant's telephone number, including area code
Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-
2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-
4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
Effective February 6, 2009, SJWTX, Inc., a wholly owned subsidiary of
SJW Corp., acquired from the City of Bulverde, Texas (the "City")and
Guadalupe-Blanco River Authority, a conservation and reclamation
district and political subdivision of the state of Texas("GBRA") the
right and obligation to provide water service within the retail water
service area of the City, and certain areas outside the City
("Bulverde Service Area"), and substantially all of the retail water
service assets of GBRA associated with GBRA's existing facilities
located within such service area. The agreements by which GBRA had a
long term right to construct and operate a retail water system within
such service area were also terminated. The purchase price for the
assets is approximately $2,800,000 to GBRA and approximately $900,000
to the City, comprised of both cash and the payoff of certain
existing liabilities of the City (which includes certain payments to
GBRA). As previously reported in a Form 8-K filed on September 11,
2008, SJWTX, Inc. entered into the agreements for such acquisition
with the City and GBRA on September 10, 2008.
The addition of the Bulverde Service Area increases the retail area
served by SJWTX, Inc. to approximately 235 square miles, an increase
of more than 54%. There is not an appreciable increase in the number
of new water service connections as part of the acquisition. Given
the Bulverde area's planned development and proximity to San Antonio,
expansion of SJWTX, Inc.'s retail business into this area should
improve its annual growth in new customers.
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 thereunto duly authorized.
SJW Corp.
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February 9, 2009 /s/ David A. Green
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David A. Green,
Chief Financial Officer and
Treasurer