upr000037 57

\hsre exists for the purpose of supplementing the water supply now present in the Artesian Basin. 7. To extend the present service and distrubution system to provide water from hot the Artesian Basin and the supply line to all points where demand exists and the supply is economically feasible. 8. To negotiate a oontraot with the Army Air Base, on a basis, to supply the requirements of the Base. 9. To supply irrigation water to such points as are economically feasible as relates to delivery costs of such water. 10. To make long range plans to further augment the water supply of the Valley by construction of such works as are neoessary to irrigate Class I and Class XI irrigable lands in the Valley. Obviously, a program so comprehensive in scope will require' large outlays of money in acquisition and construction of works for its accomplishment. It is our belief that the money can be raised from the sale of bonds payable solely from the revenues derived from the sale and distribution of the water made available under the plan. These bonds would be retired over a period of years out of theearnlngs of the District. It is equally obvious that the program, as outlined in the order named, is essential to the procurement of revenue to service the debt and to retire the same. As the plan develops and debt is incurred, existing sources of revenue, suah as the present city system, the domestic and industrial outlets now in existence and demand that can be serviced as soon as connected - 0 -