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<br />16 <br /> <br />REPORT OF COLORADO RIVER COMMISSION OF NEVADA <br /> <br />be constructed later and when the entire project is completed it will be capa- <br />ble of delivering over 300,000 acre feet of water into the valleys. The com- <br />mission will deliver water through the conduit to serve the areas now served <br />by the Las Vegas Valley Water District, North Las Vegas, Nellis Air Force <br />Base, Henderson, Boulder City, and Eldorado Valley. Water will be delivered <br />wholesale only to these areas, with the individual political entities distribut- <br />ing the water within their respective areas. <br />Construction funds are being sought in the second session of the 89th Con- <br />gress for initiation of actual construction early in 1967. The project would <br />then be completed in 1969 or 1970. <br />The cost of the project will be repaid to the United States within 50 years, <br />with interest, by the commission. In turn, the commission will enter into con- <br />tracts with the political entities previously named, which contracts will insure <br />revenues sufficient to meet the obligations of the commission for amortization <br />and for operation and maintenance of the project. <br />