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upr000258 267

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upr000258-267
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University of Nevada, Las Vegas. Libraries

B L A C K & V E A T C H The Board of Directors - 2 - operating a water supply system supplying the City of Henderson, Nevada, and the five major chemical plants located near that City; the construction of a water transmission pipe line extending from the transmission main of the Basic Management, Incorporated water system at a point, approximately three miles northeast of Henderson, to a receiving reservoir in the City of T.aa Vegas, a distance of approximately 17*5 miles; and the construction of a program of improvements to the water distribution system in the City of Las Vegas, including feeder mains, storage and equalizing reservoirs, booster pumping stations and, if not forbidden by State laws, to provide a complete installation of water meters on customers* service lines. The cost of the proposed project, as set out in detail in the Montgomery re­port, is: Acquisition of Las Vegas water system, including production land and plant, distribution system, records and business Improvements to increase capacity of BMI production and transmission facilities from Lake Mead to Henderson- Transmission pipe line from BMI main to Las Vegas, including booster station and receiving reservoir in Las Vegas - Additional wells and improvements to production facilities in Las Vegas - Additional transmission mains in Las Vegas distribution system - Miscellaneous additional improvements to distribution system - Construction Contingencies Acquisitions costs for sites, rights-of-way and easements - Engineering costs Total construction costs Total acquisition and construction costs Legal and administrative expenses Interest during construction Total Project Cost Initial Working Capital $ 758,500 2,860,500 201,0C0 555.000 632.000 262,000 50,000 325,000 Total Amount of Bond Issue $2,500,000 M m m m m 8.144.000 110,000 3^6,000 8.600.000 100,000 $8,700,000 Adequacy of Proposed Project. The water basin underlying the Las Vegas Valley is and has been the only source of water supply for all uses within the valley, with the exception of the area served by the facilities of the Basic Management, Inc. at Henderson. This underground basin is being and has been overdrawn to meet the rapidly increasing