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<br />. <br /> <br />. <br /> <br />. <br /> <br />F:\M 1 O\LAMBOR\LAMBOR_002.XML <br /> <br />II.I,.C. <br /> <br />10 <br /> <br />1 as the Seeretary deems appropriate. Upon expiration, sueh <br /> <br />2 contracts may be renewed upon sueh terms and conditions <br />3 as mav be mutually aOTeeable to the Secretarv and the <br />v ~ 0 ,I <br /> <br />4 contractor for the use of excess capacity. <br /> <br />5 "(g) The Secretary shall establish such charges, suh- <br /> <br />6 ject to this section, for the use of excess capaeity as the <br /> <br />7 Secretary deems appropriate. Such charges shall consist <br /> <br />8 of the followi.ng components: <br /> <br />9 <br />10 <br /> <br />"(1) One component shall reflect either- <br />"(A) construction costs based on either the <br /> <br />11 <br /> <br />original cost, the estimated current costs, or <br /> <br />12 <br /> <br />other appropriate measure of costs, including <br /> <br />13 <br /> <br />interest as provided in paragTaph (3), of con- <br /> <br />14 strueting the l'''''ryingpan-Arkansas Prqjeet fa- <br /> <br />15 cilities involved; or <br /> <br />16 "(B) a,nother appropriate rate, such as a <br /> <br />17 market rate. <br /> <br />18 "(2) A second, separate component shall reflect <br /> <br />19 an appropriate charge for operating, maintaining, <br /> <br />20 and replaeing these same faeilities. <br /> <br />21 "(:3 ) Except in the ease of a market based rate, <br /> <br />22 when excess eapacity in Pryingvall-A,.rkansas Prqject <br /> <br />23 facilities vvill be used to divert, store, impound, <br /> <br />24 pump, or convey nonproject water for municipal and <br /> <br />25 <br /> <br />industrial purposes, an interest component using the <br /> <br />f:\V10\032307\032307.041.xml <br />March 23. 2007 (11 :12 a.m.) <br /> <br />(36696513) <br />