This week the Water Resources Development Act bill, (WRDA), was approved by congress. It's been three years since the Feasibility Study's completion in 2004, and it took an override of the president's veto, but the plan to remove Matilija Dam is now official. There's still a lot of work to do, and it's going to take over $140 million, but project authorization through WRDA is a major milestone toward the restoration of the Ventura River, beginning with the removal of this obsolete dam.
This video illustrates the vision for the future...
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Technical References: http://matilijadam.org/