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8. Upper Colorado River Basin. Those parts of the States of Colorado, New Mexico, Utah, and <br />Wyoming within and from which waters naturally drain into the Colorado River system above <br />Lee Ferry, and also all parts of said States located without the drainage area of the <br />Colorado River system which are now or shall hereafter be beneficially served by waters <br />diverted from the system above Lee Ferry. <br />9. Upper Colorado River Basin Fund (Basin Fund) A separate fund in the United States <br />Treasury established pursuant to Section 5(a) of CRSPA 43 U.S.C. §620(d)(a). <br />10. Upper Colorado River Commission An interstate water administrative agency composed of <br />one Commissioner representing each of the States of Colorado, New Mexico, Utah, and <br />Wyoming and one Commissioner representing the United States as established pursuant to <br />Article VIII of the Upper Colorado River Basin Compact of 1948, 63 Stat. 31. <br />11. Upper Division States The States of Colorado, New Mexico, Utah, and Wyoming as <br />defined in Article ll(c) of the Colorado River Compact and Article II(c) of the Upper Colorado <br />River Basin Compact. <br />AGREEMENT <br />In consideration of the above recitals and the mutual covenants contained herein, and other <br />good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, <br />the Parties agree as follows: <br />A. Consent to Collection and Use of Apportioned Revenues Pursuant to Section 5(e) of <br />CRSPA <br />The Upper Division States consent pursuant to section 5(e) of CRSPA to the use of <br />sufficient revenues apportioned and collected for each State to be used in another State for the <br />repayment of projects as set forth below. The repayment figures included in this section of the <br />MOA are based on Western's most recent power repayment study (Appendix B) which will be <br />updated periodically. <br />The Parties intend that, as to the specifically enumerated projects below, the obligation to <br />collect funds pursuant to section 5(e) of CRSPA will be met and at no time in the future will <br />Reclamation or Western collect additional funds or include in the power repayment study any <br />specified apportionment for the six projects listed below, beyond what is reflected in Western's <br />most current power repayment study (Appendix B) for the particular project listed below when <br />the project becomes due and payable. <br />1. Western will collect sufficient power revenues under CRSPA section 5(e) so that a total <br />of approximately $8,660,000 is collected for the Vernal Unit of the Central Utah Project <br />in Utah for irrigation repayment in 2016. <br />2. Western will collect sufficient power revenues under CRSPA section 5(e) so that <br />approximately $3,194,000 is collected for the Smith Fork Project in Colorado for <br />irrigation repayment, and approximately $1,192,000 is collected for the Seedskadee <br />Project in Wyoming for irrigation repayment in 2017. <br />