Mormons Make Water Deal With Las Vegas

It was a day of first for Las Vegas. The Mormon Church and the Southern Nevada Water Authority have struck a $7.2 million deal. In it the Church of Jesus Christ of Latter-day Saints to use church water rights to help quench the thirst of the Las Vegas area.

This will invariably help increase the amount of real estate that is sold in the area.
Details of the deal allow for a 20 year lease which allows the Las Vegas based water agency to draw 2,001 acre-feet of water a year.

This will be enough to service some 4,000 homes and condos. The deal also comes with an option for two 10 year extensions.