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3. What would such installation cost? 4. How could it be financed? 5. What organization should be created to acquire, construct and administer such a project. The attached report of our associates, the engineering firm of Crocker & Ryan, based on a cursory and by no means ex­haustive study, states that the present water supply of the Valley from artesian sources is being depleted; that the facilities of the water system at BMI are adequate to meet domestic demand and a small amount of irrigation water; and that the tra emission of water by a pipe line and pumping system is economically feasible. The report gives an estimate of costs of such an installation and consumer costs as compared to comparable areas over the country. The form of organizatio selected to administer such a system and under which it could be organized was determined to be a Water District, conprising an area roughly the dimensions of the Artesian Basin in the Valley. No authority in law existed for the creation of such a District. Accordingly, the undersigned undertook to assist in drafting legislation designed to accomplish such organization. With the hearty cooperation of the Office of the State Engineer, Senator Baker, and the Attorney General of Nevada, Senate Bill 63 was introduced, later amended in accordance with recommendations of Chapman & Cutler of Chicago, Bond Attorneys, ~nd enacted into law by the Nevada Legislature. - 3 -