Deal restores North Las Vegas as exclusive water dealer for Apex

A deal allowing the city of North Las Vegas to regain control as the exclusive water dealer for the Apex Industrial Park was approved 4-0 by the North Las Vegas City Council on Wednesday.

Mayor John Lee was absent from the meeting.

The arrangement lets the city sell water at retail rates to Faraday Future, Hyperloop and other businesses within the Apex complex.

North Las Vegas was the sole water dealer for Apex, until December, when the state Legislature, during a special session, approved a bill that took away that right and named the Southern Nevada Water Authority as the complex’s exclusive provider.

Under the deal approved Wednesday, the authority reverts to its previous role as wholesaler while allowing North Las Vegas to serve as the sole distributor, city officials said. The water authority approved the arrangement last month, but it’s still officially in charge of water distribution rights at Apex.

Efforts are underway to make the new agreement permanent by reversing the state Legislature’s earlier decision.

The water authority is designing a $70 million infrastructure project that will someday deliver water to Apex and cede maintenance and operating duties to the North Las Vegas utilities department.

The project will be funded by state bonds that will be repaid by businesses operating at Apex.

Contact Art Marroquin at amarroquin@reviewjournal.com or 702-383-0336. Find@AMarroquin_LV on Twitter.