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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />facilities and when fully operational. <br /> <br />The proposed rule allows authorized entities of any Lower Division State to enter into an <br />agreement with authorized entities of another Lower Division State for the banking of unused <br />entitlement or apportionment and interstate distribution of the storage credits as long as the <br />procedures in the proposed rule and applicable State Law are followed, The interstate agreement <br />would be subject to the approval of the Secretary. <br /> <br />Aspects of the proposed rule relevant to NEPA impact analysis include the following: <br /> <br />. The proposed rule does not authorize the construction of any new delivery, storage, or <br />water treatment facilities, However, Reclamation will coordinate and consult with <br />appropriate Federal, State and other interested parties on a case by case basis to address <br />any new facilities and perform additional NEP A analysis as appropriate; <br /> <br />. The Secretary, through Reclamation, would operate the Colorado River within its current <br />and projected routine operations consistent with the provisions of the BCP A and the <br />Decree to permit authorized entities to contractually store, recover, and use storage <br />credits on an interstate basis or assign them to other water users in other Lower Division <br />States; <br /> <br />. Basic unused apportionment or surplus apportionment identified for interstate off stream <br />storage and subsequent recovery would be delivered by existing facilities (Figure 3); <br /> <br />. The water diverted and stored off stream in a Storing State will be accounted for as being <br />consumptively used in that same year in the Storing State, in accordance with Article V <br />of the Decree; <br /> <br />. When a Consuming State entity wants to recover all or part of its storage credits from the <br />Storing State entity, the Colorado River water delivered in satisfaction of storage credits <br />will be accounted for as consumptive use of unused apportionment allocated in that same <br />year to the Consuming State, in accordance with Article V of the Decree; and <br /> <br />. The Secretary is responsible for ensuring Federal actions taken under the proposed rule <br />(interstate storage, redemption and lor assignment agreements) comply with NEPA, ESA, <br />and all other relevant environmental laws and regulations, The persons or entities who <br />would benefit from a proposed transaction (probably the authorized entities in the <br />Consuming State) would be responsible for bearing the costs of preparing the <br />appropriate environmental compliance documentation, with Reclamation's assistance, in <br />accordance with the standards set forth in Reclamation's NEPA Handbook prior to the <br />Secretary's approval of the proposed action, <br /> <br />LC Region DEAl 1 <br /> <br />8 <br /> <br />12/97 <br />