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<br />000089 <br /> <br />A cUrrent repayment interest rate for the interest bearing obHgatioos will be uta'i~ <br />unless otherwise provided by law. <br /> <br />Any repayment of principal above the level that would have been repaid by the <br />inigators (Le., the power assistaDce amount) should be retlected in a reduction in the <br />amount 10 be repaid through plWCl' assistance.. <br /> <br />o An exchange .. <br />use (i.e., irrigation to..... <br />subsidies. <br /> <br />'('adon.8& Nll:tnk,1ing entit=-s, but not a c:banp in <br />_ _6o&ld involve. . ~ m.. r.on of the repayment <br /> <br />(d) An excharige iD which there would be a change in use fiom a reimbursable fimction.to <br />a nonreimbursable function (e.s., irrigation to anadromous fishery) will ~ ,special <br />negotiations. In lieu .of special legislation, specific contracfua1 obUptions will.be <br />identified to ensure that.repayment to the Federal Government after the exc:banp will : <br />be no less than the CODditiODS that existed prior to the exc:banp. . <br /> <br />(e) To the maximum extent possibl~ financial or economic .disincentJ,ves to. the transfrz 01' <br />exchange lire to be avoided. <br /> <br />.. . <br />.- . . '. . <br />The additional costs to the water users, as discussed in these principles, (I.e. NEP A <br />documentation, power interfeaence Charges, recalculation ofwater' ~ or . <br />. increm~ pumping costs) are all required by existing law, c:ontracts; or regulatioas. <br />While these are costs to the water user, they are not the disincentives that an: to be <br />avoided. <br /> <br />The disincentives to be avoided can be characterized as ch8rging a percentage of IIDJ <br />"profit" that might be envisioned as the diifereoce between appropriate ~ and the <br />~ value of the water. <br /> <br />Principle 7. 001 will consider, in cooperation with appropriate ~ TnDal and local <br />authorities, necessary measures that may be required to mitigate any adverse environmental <br />effects that may arise as a result of the Proposed transaction. <br /> <br />Criterion: Is appoval of the transaction subject to NEP A requinments? . <br /> <br />nuida1ll"p.: Documentation for compliance with NBP A could range from a categorical exclusion <br />to an environmen1al impact statement. The type of documentation required will be a <br />function of the specific action being proposed. Any Federal NEP A compliaDce costs <br />associated with the transfer shall be advanced or repaid in a manner negotiated by 001 and the <br />entities involved. <br /> <br />10 <br />