How does the city of Las Vegas acquire water rights for long term water planning?
Fereday: Kay, how does the city of Las Vegas acquire water rights for a long term planning horizon, for more than 10 or even 20 or 30 years? Do you have a mechanism in the Las Vegas valley for acquiring water rights to hold now for use later? Brothers: The city of Las Vegas doesn’t acquire water rights; the Southern Nevada Water Authority does. It is the regional agency that has been given the responsibility to go out and acquire future water resources. And I mentioned our water resource plan: we’ve been looking at acquiring future options or resources since the mid 1980’s. So we have purchased many river irrigation company rights, we have gone through the State Engineer’s process and have virgin river rights, we’ve looked at utilizing our instate resources very heavily. We also have been working on the Colorado River and issues with the Bureau of Reclamation with the other six states since the late 1980’s, trying to develop the interstate banking regulations for the lower basin and tr