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<br />, . .,. <br />uu~J.. <br /> <br />Report of tho Regional Director <br /> <br />(a) In ctisposing of energy generated at the <br />project, to give preferonce and priority to pub- <br />lic bodies and cooperatives, ann, to this end, <br />to embody in oontraots with private purohasers <br />engagod in the businoss of selling olectric energy <br />to the goneral nublic, provisions that the Seore- <br />tory may cancol such contract up en reasonable no- <br />tioe in writing, if, in his judgmont, any part of <br />of the olectric enorgy purchasod uncer such con- <br />tract is likely to be noeded to satisfy the require- <br />ments of public bodies or cooperatives; and <br /> <br />(b) To establish Dower rates for the projoct <br />at the lowest possible ratos to consumers consis- <br />tent with the purposes hereinabovo sot ferth and <br />with sound businoss prineiplos, but in no ovent <br />less than suffioient to return within 0 reasonablo <br />poriod, in addition to the annual oporation and <br />maintonanco exponsos chargeable to powor and tho <br />annual amount requiren for maintonance of replace- <br />ment reservos, tho total oonstruction costs allo- <br />cated to powor together with interest on the unpaid <br />balance at the rote per annum provided by tho <br />Reclwnation Froject Act of 1939, os it may be <br />amondod from time to time, and the total costs <br />which aro assigned to bo returnod from power <br />revenues, though allocated to othor purposes, <br />by the application of interest on the power in- <br />vestment to the roturn of nonpower oosts allocated <br />to be ropain by nower. In doterminin~ rates here- <br />undor thore shall be token into account from time <br />to time actual costs incurred and revenues reali.ed <br />and the Secretory's estimates as to costs yet to <br />bo inourred on authorized ~rojeots ann as to futuro <br />revenues. <br /> <br />(6) That annual appropriations for oporation, main- <br />tenance, and replaoement exponses ohargeable to purposes for <br />whioh allocable construction oosts hove been determined non- <br />reimbursable, includinF fish ann wildlifo conservation, <br />flood control, pollution abatement. reoreation, and sediment <br />oontrol, likewise be troated us nonreimbursable. <br /> <br />30 <br />