BOARD00261

• Board Meeting Date: 5/13/1964
• Description: Table of Contents, Agenda, Minutes and Resolution
• Board Meetings - Doc Type: Meeting

I

1

MR. SPARKS:

MR. Me CRIMMON:

MR. STAPLETON:

MR. SPARKS:

The ne~t report in your file is from the
Corps of Engineers in Albuquerque. Again in
the interest of time, I'll just leave Y9u to
peruse the report. There is no one from that
District here today. ~'1e have no report from
the Omaha District.

Now, how long, Larry, does this explana-
tion of stream runoffs take?"

"About 25 to 30 minutes. Is that about
right, Ed?"

UYes."

"Why don't we start that right after the
recess for lunch and go to Item #4, 'Proposed
Legislation re Colorado River Development
Fund I . II

"Gentlemen, we previously forwarded to you
a memorandum on this subject. The major part
of our objection to the filling criteria which
was promulgated by the Secretary of the Inter-
ior was that the Upper Basin Fund was required
to make up the so-called power deficiencies
at Hoover Dam. As I stated in our memorandum,
we have been unable to find any authority,
either in law or contract, for the diversion
of Upper Basin funds for the benefit of power
contractors at Hoover Dam. This has been an
extremely sore spot with us. It is impossible
to determine, at this time, what the actual
drain on the Upper Basin Fund might be, but
certainly it appears that the drain on the
Fund in both power and money, together with
interest, will probably exceed $15 million.

The filling criteria provide that after
1987 it is hoped that Congress would approve
a return to the Basin Fund, in part, of the
monies diverted to the benefit of Hoover power
contractors. Certainly we have never felt
any obligation in the Upper Basin to deliver
water to generate power for the benefit of
the Hoover Dam contractors. This was a sore
point that Governor Johnson has stressed