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32 COLORADO RIVER STORAGE PROJECT llJvailable ,for expenditure without further appropriation for the fol- lowing purposes,: ' " L Payment of operation and maintenance expenses, emergency expense~, and replacement costs, for all facilities of the Colorado River Storage Project and participating projects withint):lC limitations set forth in the annual appropriation acts, provided that expenditures made for each participating l'roject shall be paid from'revenues received from that project, Revenues credited to the Basin Fund are not available for appropriation for construction of units or participating proj- ects authorized by or pursuant to the act, 2, Payments to the Treasury to retmn: a. The 60st of each unit, par~icipl!-ting project, or any sep~r- arable feature thereof whICh IS allocated to commerCial power purposes within a period of not to exceed 50 years from date of completion of such unit, participating project, or separable feature, b, The.;,ost of each unit, participating project, or any separ- able feature thereof which is allocated to municipal water purposes within a period of not to exceed 50 years from date of completion of such unit, participating project, or separable featme. c. Interest on the unamortized bal11nce of the investment (including interest dming construction) in the power and municipal water supply features at a rate determined by the Secretary of the Treasury as of the time the first advance of construction funds is made for each unit or r,roject, The interest rate will be determined by calcu- ating the averl\~e yield to maturity on the basis of daily closing-market-bld quotations during the month of June next; preceding the fiscal year in which, the construction fund: advance is made, on, all interest-bearing marketable public debt obligations of the United States having a ma- tmity date of 15 or more years from the first day of June, and by adjusting such average annual yield to the ne(lrest one eighth of 1 percent. d. The cost of each storage unit which is allocated to irriga- tion within a period not to exceed 50 years, ' 3. Apportionment of revenues in excess of requirements of items (1) and (2) above among the states of the upper basin as follows: Oolorado_________~_.__._~ Utah______u._~____"___._ Wyomin~________________ New Moxlco__nuh__n_ Total_____________. Percent 46.0 21.6 15.5 17.0 100.0 Provided that, prior to the application of such percentages, all revenues remaining in the Basin Fund from each partici- pating project or part thereof which is now or subsequentl:\, authorized, a,fter payments made in (1) and (2) above, shall