Water Wars (update)

I recently described the issues that the Southeast is facing with their ongoing drought. Here's an update:

the state of Georgia is suing the Army Corps of Engineers to stem the flow out of Lake Lanier. In the 1980s, an agreement was reached with the ACE (which controls the lake) and the US Fish & Wildlife Service to provide adequate water flow to the Chattahoochee River, in order to sustain endangered species in the river & to provide water flow to a hydroelectric dam in Florida.

If the lawsuit is successful, and the flow of water to the river is stemmed, what happens to that hydroelectric damn in FL? (and yes, I'm worried about the endangered species as well, but the lack of power might have huge economic impact very soon). Will some people stop getting power service? Will they have to somehow import power from other grids? is that possible? It sounds expensive for all involved.

Also in that CNN story, one town in NC has to import its water on trucks at this point. Restuarants & cafeterias have started serving food on PAPER PLATES because they can't wash the dishes - that sounds about a half-inch above going out of business. Two poultry plants have cut production one day a week in order to save water. This drought is starting to have serious economic impacts (not to mention environmental impacts).

What happens to property values in a town that has completely run out of water? The housing market is already depressed nationwide. What happens when residents decide they can't continue to live in a place without water, but can't sell their houses (who would buy a home with no water)? Already some businesses are being effected, and that is likely to continue & increase as the water situation gets worse (remember that the drought is forecast to last at least through December - and it's going to take a long time to make up the deficits). What happens when importing water on trucks bankrupts towns, and the local government shuts down? It doesn't seem like such a far-fetched nightmare anymore.