EFDID: 20622EFD: Raw Data

Issuer: SUMMIT WATER DEVELOPMENT LLC (0001429533) - D/A

Accession: 0001429533-16-000002 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Mar. 15, 2016
EFD Posted: Mar. 15, 2016
- < edgarSubmission >
  < schemaVersion > X0707 </ schemaVersion >
  < submissionType > D/A </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001429533 </ cik >
  < entityName > SUMMIT WATER DEVELOPMENT LLC </ entityName >
- < issuerAddress >
  < street1 > C/O SUMMIT WATER ASSET MANAGEMENT LLC </ street1 >
  < street2 > 9191 TOWNE CENTRE DRIVE, SUITE 210 </ street2 >
  < city > SAN DIEGO </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92122 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 858-546-1777 </ issuerPhoneNumber >
  < jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Limited Liability Company </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > n/a </ firstName >
  < lastName > Summit Global Management, Inc. </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 9191 Towne Centre Drive </ street1 >
  < street2 > Suite 210 </ street2 >
  < city > San Diego </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92122 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Entity is the beneficial owner of the general partner to the issuer. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Paul </ firstName >
  < middleName > Howard </ middleName >
  < lastName > Ang </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Summit Water Asset Management, LLC </ street1 >
  < street2 > 9191 Towne Centre Drive, Suite 210 </ street2 >
  < city > San Diego </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92122 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Officer and Director of Summit Global Management, Inc. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > John </ firstName >
  < lastName > McIntyre </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Summit Water Asset Management, LLC </ street1 >
  < street2 > 9191 Towne Centre Drive, Suite 210 </ street2 >
  < city > San Diego </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92122 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Officer and Director of Summit Global Management, Inc. and officer of Summit Water Asset Management, LLC </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > N/A </ firstName >
  < lastName > Summit Water Asset Management, LLC </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 9191 Towne Centre Drive </ street1 >
  < street2 > Suite 210 </ street2 >
  < city > San Diego </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92122 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Entity is the Managing Member of the issuer. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Matt </ firstName >
  < lastName > Dickerson </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Summit Water Asset Management, LLC </ street1 >
  < street2 > 9191Towne Centre Drive, Suite 210 </ street2 >
  < city > San Diego </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92122 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Officer and Director of Summit Global Management, Inc.; Officer of Summit Water Asset Management, LLC </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Steve </ firstName >
  < lastName > Maxwell </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Summit Water Asset Management, LLC </ street1 >
  < street2 > 9191 Towne Centre Drive, Suite 210 </ street2 >
  < city > San Diego </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92122 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Officer of Summit Water Asset Management, LLC </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Timothy </ firstName >
  < middleName > Brian </ middleName >
  < lastName > Walsh </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Summit Water Asset Management, LLC </ street1 >
  < street2 > 9191 Towne Center Drive, Suite 210 </ street2 >
  < city > San Diego </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92122 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Officer of Summit Water Asset Management, LLC </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Craig </ firstName >
  < middleName > King </ middleName >
  < lastName > Engler </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Summit Water Asset Management, LLC </ street1 >
  < street2 > 9191 Towne Center Drive, Suite 210 </ street2 >
  < city > San Diego </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92122 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Officer of Summit Water Asset Management, LLC </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Eric </ firstName >
  < middleName > Benjamin </ middleName >
  < lastName > Vanderhye </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Summit Water Asset Management, LLC </ street1 >
  < street2 > 9191 Towne Center Drive, Suite 210 </ street2 >
  < city > San Diego </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 92122 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Officer of Summit Water Asset Management, LLC </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Judson </ firstName >
  < lastName > Hill </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 15819 Thistlebridge Dr </ street1 >
  < city > Rockville </ city >
  < stateOrCountry > MD </ stateOrCountry >
  < stateOrCountryDescription > MARYLAND </ stateOrCountryDescription >
  < zipCode > 20853 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Officer of Summit Water Asset Management, LLC </ relationshipClarification >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Pooled Investment Fund </ industryGroupType >
- < investmentFundInfo >
  < investmentFundType > Hedge Fund </ investmentFundType >
  < is40Act > false </ is40Act >
  </ investmentFundInfo >
  </ industryGroup >
- < issuerSize >
  < aggregateNetAssetValueRange > Decline to Disclose </ aggregateNetAssetValueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06b </ item >
  < item > 3C </ item >
  < item > 3C.1 </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > true </ isAmendment >
  < previousAccessionNumber > 0001429533-15-000001 </ previousAccessionNumber >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2008-05-12 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > true </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isPooledInvestmentFundType > true </ isPooledInvestmentFundType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 20000 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Rodney Madden </ recipientName >
  < recipientCRDNumber > 4404652 </ recipientCRDNumber >
  < associatedBDName > Madden Securities Corp. </ associatedBDName >
  < associatedBDCRDNumber > 18389 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 1901 N. Akard St. </ street1 >
  < city > Dallas </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 75201 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > Indefinite </ totalOfferingAmount >
  < totalAmountSold > 53091994 </ totalAmountSold >
  < totalRemaining > Indefinite </ totalRemaining >
  < clarificationOfResponse />
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 42 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 100405 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse />
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 0 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse > Summit receives a flat monthly management fee and performance fees and/or allocations based on investors investments in the issuer. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > SUMMIT WATER DEVELOPMENT LLC </ issuerName >
  < signatureName > John McIntyre II </ signatureName >
  < nameOfSigner > John McIntyre II </ nameOfSigner >
  < signatureTitle > Member of Managing Member </ signatureTitle >
  < signatureDate > 2016-03-11 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Mar. 15, 2016
EFD Posted: Mar. 15, 2016