Post by Logan on Jul 7, 2016 4:22:40 GMT -6
The Public Service Board is in the process of buying the 26,470-acre CL Ranch in the Dell City area east of El Paso for about $50 million as a future groundwater source for a growing El Paso.
The land acquisition is expected to close this week or next week, said John Balliew, CEO of El Paso Water, which recently changed its name from El Paso Water Utilities.
The Public Service Board controls the city's water and sewage utilities.
"Based on population projections, at some point we need additional sources of (water) supply," Balliew said. "That aquifer is a renewable source of water. It makes sense."
Water would be imported from the ranch through an expensive pipeline system beginning in 2050, under El Paso Water's current plans.
Read more: www.lcsun-news.com/story/news/2016/07/06/el-paso-water-west-texas-ranch-acquisition/86777450/
The land acquisition is expected to close this week or next week, said John Balliew, CEO of El Paso Water, which recently changed its name from El Paso Water Utilities.
The Public Service Board controls the city's water and sewage utilities.
"Based on population projections, at some point we need additional sources of (water) supply," Balliew said. "That aquifer is a renewable source of water. It makes sense."
Water would be imported from the ranch through an expensive pipeline system beginning in 2050, under El Paso Water's current plans.
Read more: www.lcsun-news.com/story/news/2016/07/06/el-paso-water-west-texas-ranch-acquisition/86777450/