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BOARD00067
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BOARD00067
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Last modified
8/16/2009 2:44:04 PM
Creation date
10/4/2006 6:31:29 AM
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Board Meetings
Board Meeting Date
8/5/1981
Description
CWCB Meeting
Board Meetings - Doc Type
Meeting
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<br />- 5 - <br /> <br />1. The Boulder Canyon Project with its PO\~erplont <br />at Hoover Dam showed that this dependency would <br />enable irrigation development to proceed on 0 <br />large scale with hydroelectric power as the <br />primary basis for economic feasibility. <br />c. Other major hYdropower development followed at Grand <br />Coulee Dam} the Central Volley Project} the Parker- <br />Davis complex} the Colorado River Storoge Project} <br />and the vast Pick-Sloan Missouri Basin Program in <br />the Upper Great Plains, <br />1. The revenue from these and all other power <br />developments was made available to the Reclam- <br />ation program through the HaYden-Q'Mohoney <br />Amendment to Reclamation law in 1938. <br />The Bureau's gross sales of power in the 1978 fiscal year <br />were SlightlY more than $285 million. <br /> <br />. <br /> <br />2. The second most Significant source of revenue to the <br />Bureau, and to the Reclamation Fund in particular; is sur- <br />prising to some in that it comes from the sale and lease of <br />minerals on Federal land. <br />a. This source came into existence through a 1917 <br />statute which provided that funds derived from <br />royalties and rentals of potassium deposits on <br />Federal land be deposited in the Reclamation Fund. <br /> <br />':1 <br />"\ <br />, i <br />\ \ <br />f: <br />t i <br /> <br />. . <br /> <br />."'t"", <br /> <br />, <br />r <br />f. <br /> <br />---" ~ <br />;" . <br /> <br />~ . '-"- ... <br />
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