Imperial Valley press., 1931-12-30
CONTRACT
RECEIVES
APPROVAL
Unanimous Endorsement
Is Given BY Bond Secu-
rites Commission.
REPORT BY HYATT
State Engineer Outlines
Supply Of Water Avail.
able Under Plans.


"Todays action by the bonding
commission paves the way for the
Al-American canal election when
the matter will be put before the
people of the valley to accept Of
reject said Director Mark Rose
today. -
MY opinion is that the election
will be called 40 days from Tuesday
of next week. The election on the
canal question will take place the
same time as recall elections for
Chairman c. w. Brockman and
Director w o. Blair" said the di-
rector.
District records show that the
matter of the All-American canal
was placed before the bonding
commission for the first time on
March 30, 1920.
On June %, 1920, the commission
sent a communication to the dis
trict stating that it was not con-
sidered wise to act on the matter
of the All-American canal until
some provision for storage was
made or until surveys and investi-
cations underway were completed
by the government. vi
Action by the bonding commits
sion was in allegiance while Boulder
dam legislation was fought to
triumphant finish and the long, Bit
ter fight on the All-American canal
contract was brought to its present
status. -
LOS ANGELES, Dec. 30 Up)-
A resolution unanimously approx
ing a s38,500,ooo federal loan for
construction Of an All-American
canal from the Colorado river to
the Imperial Valley was adopted
here today at a meeting Of the
California district securities COM
mission.
The resolution was adopted at
the request of the Imperial Irri-
cation district after State Engi-
neer Edward Hyatt read a report
in which he outlined the supply OF
water available at the present
time and the supply which would
be available under the proposed
canal project. s,
The board of directors of the
Imperial district was authorized to.
submit plans in the form of a,
contract with estimates of costs To
the interior department at WASH
ington, d. C.
Hyatt's investigation and report
said in part:
With the completion of the
Hoover dam. the water supply re-.
served for the All-American canal
project under the water ALLEGATION
included in the contracts believed
to be fully sufficient for the prof.
ects legitimate needs, and it Is.
concluded that the right of the
project to this amount of water
will not be opened to serious
question
The contract itself is found to
be very favorable to the project.
No interest is to be paid and prin-
cipal repaymentS to start after
completion of the project are at
the rate OF l per cent annually for
five years. per cent annually for
10 years thereafter and 3 per cent
for the next Is years.
"Hydro-electric power possibili-
ties along the canal are reserved to
the project to be developed at Its
own expense"
More than 100000 acres of land
IN the region will be benefited by
the proposed canal. according to
Hyatt, who said that 443. 900 acres
IN the district were receiving water
at present. In addition, the engi-
neer said. Imperial Valley would be
relieved from uncertainty annoy
ance and expense of transporting
its water through Mexico.
Hyatt also said that the proposed
canal was necessary for the main
tenance OF lands now under ciilti-
Vation in the Coachella Valley and
was the only possible source of an
additional supply. He declared that
the valleys present supply comes
from underground sources and al
ready is oyerdraWn.
Hyatt closed with the declaration
that the canal lin time would rounf,
out the development of the Imper-
ial region"