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<br />002539 <br /> <br />REPORT OF COLORADO RIVER COMMISSION OF NEVADA <br /> <br />17 <br /> <br />ELDORADO VALLEY DEVELOPMENT <br /> <br />During 1965 the Colorado River Commission carried on active negotia- <br />tions with several potential developers for the purchase and development of <br />Eldorado Valley. The area involved consists of about 105,000 acres of unde- <br />veloped desert land in a valley 25 miles from Las Vegas. These lands were <br />set aside by an act of Congress granting an option to the commission, acting <br />for the State, for purchase at the federally appraised price which has now been <br />determined to be $1,320,000. <br />As water is essential to development of this land a sufficient amount has <br />been allocated to serve at least initial development of the valley. The water <br />would be delivered to this valley through the Southern Nevada Water Supply <br />Project facilities. What work has been done on underground water deter- <br />mination has indicated very little water available in the aquifers underlying <br />the valley. In addition, the recharge to the underground basin is estimated <br />to be very small. <br />The commission offered to release certain lands within Eldorado VaIley as <br />a site for a high-energy accelerator proposed for construction by the Atomic <br />Energy Commission. From the standpoint of power, water, and land, the site <br />met the requirements of AEC. However, due to other considerations it was <br /> <br />f. <br />