|2:51 PM EDT||
Greg Walden, R-OR 2nd
Mr. WALDEN of Oregon. Madam Speaker, I yield myself such time as I may consume.
Madam Speaker, S. 986 was introduced by Senator REID of Nevada and a companion bill was introduced by our friend and colleague, the gentleman from Nevada (Mr. GIBBONS) on May 5 of 1999.
This legislation provides for the Southern Nevada Water Authority to accept responsibility for administration, operation and maintenance of the Griffith Project and to pay the net present value of the remaining repayment obligation. In addition, the bill directs the Secretary to convey and assign to the authority all right, title and interest of the United States in and to the Griffith Project. [Page: H5679]
The Griffith Project forms an integral part of a much larger water delivery system built separately by the Southern Nevada Water Authority and its constituent agencies. It consists of the intake facilities, pumping plants, et cetera required to provide water from Lake Meade for distribution.
Madam Speaker, I reserve the balance of my time.