Southern Nevada Water Authority

The board discussed multiple action items including the ratification of cooperative agreements for the Las Vegas Wash Restoration Activities and the Warm Springs Natural Area, approval of a change order for potable water tank rehabilitation, and authorization for design engineering and construction support for the Water Quality Laboratory Expansion. Additionally, the board considered agreements regarding water rights and transfers, the issuance of Water Revenue Refunding Bonds, an augmentation to the fiscal year capital budget, and conducted a public hearing on the tentative budget. Staff also provided updates on water resources, drought conditions, and conservation programs.

The Board approved various contracts and agreements, including an amendment for design engineering and construction support for the Calico Ridge Rate of Flow Control Station, a license agreement for water facility access in Garnet Valley, a lease amendment at the Molasky Corporate Center, an option agreement for solar power transmission services, and a change order for the Voluntary Septic Conversion Program. Additionally, the Board approved the removal of minimum gallon requirements for Water Efficient Technologies projects and authorized an increase in the Water Smart Landscapes Program rebate for Enterprise customers. The Board also received a comprehensive update regarding Colorado River basin conditions, conservation initiatives, and local water usage trends.

The Board of Directors discussed and addressed several key agenda items. These included the approval of a resolution for a wildfire mitigation grant proposal for the Warm Springs Natural Area, the authorization of an agreement with ImpactNV to support shade tree planting initiatives in vulnerable areas, an update on current water resources, drought conditions, and conservation efforts in the Colorado River Basin, and an overview of the Fiscal Year 2026/27 Tentative Budget.

The Board of Directors met to consider and approve a resolution requesting the Las Vegas Valley Water District to issue general obligation bonds in a maximum principal amount of $515,000,000. These funds are designated to finance various water projects as outlined in the Authority's capital plan, including water resource acquisition, system repairs, water quality enhancements, and improvements for system reliability and drought resilience. The resolution also includes provisions for the reimbursement of eligible project expenditures incurred prior to the issuance of the bonds.

The Southern Nevada Water Authority's strategic approach addresses drought and water resource challenges by diversifying its water supply and intensifying conservation efforts. Key initiatives include constructing critical infrastructure such as the third intake in Lake Mead, developing additional water resources through banked groundwater programs, and maximizing current resources via comprehensive wastewater reclamation. The community has significantly reduced water consumption, with further goals set for an additional 6% reduction by 2035, supported by an updated water conservation plan.