What level of water supply must Haverty Corporation demonstrate for developing a new subdivision in an AMA?

In Arizona, when a developer like Haverty Corporation is planning to develop a new subdivision within an Active Management Area (AMA), they must demonstrate that they have an "assured" water supply. This requirement is crucial because AMAs have specific regulations aimed at managing and conserving water resources due to the scarcity of water in the region.

The concept of assured water supply refers to the ability to provide water for at least 100 years, which is a critical assurance for both the state and future homeowners in the development. It typically involves securing long-term water rights and demonstrating a reliable and sustainable source of water to meet the needs of the subdivision in the long run. This is in response to the challenges of water availability in Arizona, particularly in areas where growth is rapid and water resources are finite.

Other terms, such as acceptable, adequate, or appropriate, do not fulfill the specific legal and regulatory requirements set forth by Arizona law for water supply assurances in an AMA, making them unsuitable in this context.