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<br />I <br /> <br />4""" It <br />~~.. .... <br /> <br />POWER <br /> <br />51 <br /> <br /> <br />230-kv switch racks at pUn/piTIII 7J1ant <br /> <br />principal use of the City of Los Angeles in consideration of the <br />assumption by the city of the fixed al,d operating charges upon this <br />unit. <br />A supplemental contract with the United States dated July 13, <br />1938 gives the District the right to defer until 1955, the payment <br />- - - for llHrt 'of its (lI1-lTseae.lergy: -nefe-n~ea-paynlcJlfs;-llowe,:eI~ are-- - --- <br />to bear interest until paid and the accumulated deficit must be <br />repaid between 1955 and 1987. The District has not as yet exercised <br />the right of deferment of payments conferred by this contract. <br />Beginning in 1937, the District has actively sought a revision of <br />the basis of charges for electric energy generated at Bouldel' dam. <br />The seven states of the Colorado Rivel' basin, as well as nine power <br />allottees, participated in the negotiations with the Secretary or'the <br />Interior. and the resulting Boulder Canyon Project Adjustment <br />Act, H. R. 9877, (passed by the Congress on July 11th and signed <br />by the President .July 19, 1940), effects a solution of many difficult <br />and controversial problems. This act will become effective if, <br />before June 1, 1941, contractors holding 90 per cent of the allot- <br /> <br />I' <br />