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4? S- A IAS VEGAS SUN May 2b, 1952 Complete Water Pact for Vegas The Las Vegas Valley Water District Immediately put into high gear yesterday machinery to pipe water here from the Henderson-Lake Head line at the Basic Magnesium plant after signatures were affixed to the long-delayed and historic water pact hy participating parties at the Colorado River Commission meeting. adjourned session and immediate negotiations for pur chase of the Las Vegas Land and Water system and for a bond election. president of the district, signed the water agreement, which was a contingency to the disposal of the BMP residual assets. The pact will provide the valley with an assured flow of five million gallons of water daily. Colorado River Commission, the State Board of Control, and General Services Administration Nevada Representative John Mueller Sion also authorised bonding attorneys to initiate legal steps for the bond issue necessary to activate the project. The bond election is expected sometime in the fall. Simultaneously the district directed its Los Angeles engineers to proceed with a firm appraisal of the assets and facilities of the Las Vegas Land and Water Company. A preliminary appraisal already has been made, setting value of the utility at a figure in excess of two million dollars, but the district now wants to make Ma firm purchase com m itm en t* • is guaranteed five million gallons of water daily, but will be allowed to take up to 1 3 ,750,000 gallons a day at any time facilities at the lake are boosted at the expense of the district to increase the capacity of the line from 33,000.000 50 gallons to ,000,000 gallons per day. ' ' * for between $6,000,000 and $7,000,000, and will include the funds to purchase existing facilities of the Las Vegas system, as well as the price of a pipeline between Henderson and Las Vegas. Ratifying th® TvDrt+' ^ s t r i c t members conferred at an District executives met after Thomas Campbell, as The pact was signed also by representatives of the The water district executives at their emergency ses- Uhder provisions of the water contract, the district i M t * * * * 4c * * *