Laserfiche WebLink
and such politied-1` subdivision:, ,respectively, and belonging to any of the <br />lessees and /or•allottees under the Project Act and-/or under this tact,, and- <br />nothing herein shat 1° exempt :or be construed so as to exempt any such .prop. - <br />erty from non— discriminatory taxation, all in the manner provided by the <br />Constitution m d Paws of such State,, Sums any, received by each State <br />under the provisions of the Project Act shall be deducted from the first <br />.payment or payments to said State authorized by this Act Payments under <br />this Section 2(c) shall'be deemed •.contractual obligations of the "United <br />States,, subject to the provisions of Section 3 of this act, <br />(d) To the transfer, subject to the provisions of Section 3 hereof, <br />from the Colorado River Dam fund to a special fund in the Treasury, hereby <br />established and designated the "Colorado River :DeVelo-o ent Fund,'!. of the <br />I " <br />sum of 4`500,000- for the year of operation ending P`ay 31, 19110, and the like <br />sum of 4,500,000�for each year of operation thereafter, until and including; <br />the year of operation# en' ding liay 31, 1987,. The transfer of the sai d• sum <br />t i <br />of 4`500;000 for each year .of operation shall be made on or before July 31 <br />s <br />next following the close of the.' year of operation 'for which it is made, <br />i <br />provided that an.`y such transfer for any year of operation which shall hare <br />ended' at the time this Section 2(d) shall become effective, shall be' made <br />as expeditiously as administration of this a ct will permit. Receipts. of <br />the Colorado River Development Fund for the years of operation ending in <br />1 94 0 : 1941, and 19J.:E2 .(or in the event of reduced receipts during any .of <br />said years, due to adjustments under Section 3 hereof, then the first r.e- <br />celpts of said fund up to ?1,'500,000'), are authorized to be appropriated <br />only for the. continuation and extension, under the direction• of the <br />Secretary of studies and investigations by the Bureau of Reclamation'for <br />the formullation of a comprehensive plan for the utilization- -of waters Eof <br />