By David Louis | The Daily Miner
County officials met with the Central Arizona Project Wednesday over the details of the agency’s latest plan to divert water from the Mohave Valley Irrigation and Drainage District to towns in Maricopa, Pima and Pinal counties.
CAP is currently in the due diligence phase of a $34 million sale with a pair of New York City hedge fund firms to purchase seven farms totaling approximately 2,200 acres of farmland with approximately 14,000 acre feet of diversion water rights from the Colorado River.
If the sale proceeds, it would send 5,500 acre feet of Colorado River water to central Arizona annually.