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upr000197 149

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upr000197-149
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Boulder City areas. "A s basic large-scale industry develops in Eldorado Valley, special and service industries will undoubtedly find other areas in Southern Nevada more appropriate and conveniently located for their particular operations. Ample areas are available in Las Vegas Valley for additional industries that would not be objectionable from the stand­point of their effect upon the resi­dential, resort and recreational economy of Las Vegas. In Hen­derson there are also substantial' tracts of land available for indus­tries that could utilize the raw ma­terials available from the Basic Management industry group.” Planned industrial development of Southern Nevada’s natural re­sources, which include all of the essential basic elements and fac­tors, is a desirable means of fur­ther improving the balance and sta­bility of the present economy,* as well as contributing to the econom­ic growth of the area, it was de­clared. It is also foreseen that it would result in influencing a more favorable attitude toward the area by investors and financing institu­tions. th e southern part of the state <is the most logical area for such development due to is close proxi­mity to the substantial Southern California market and its access' to Lake Mead Water, it also was noted. Substantial benefits are ex­pected to accrue to the entire state by creating a better balanced state­wide economy and by adding great­er value to mineral resources qnd diversifying tax revenues. Pending final outcome of the pro­posed Congressional legislation, the Eldorado Valley land embraced in the contemplated industrial devel-, opment i program has been with­drawn from all forms of entry, sale, lease, selection or disposal of any kind under the public land laws it was announced, This was accomplished several months ago, pending completion of studies, by filing a formal application for with­drawal with the United States Bur­eau of Land Management in ac­cordance with Federal statutes and an Executive Order issued in 1952 which proyijle for such pro­tective procedure when it is in the interest of the general public.