Laserfiche WebLink
<br />- .. <br />, <br /> <br />'\ <br />) <br /> <br />THe: WHITe: HOUSe: <br /> <br />WAS"'INGTON <br /> <br />June 15, 1982 <br /> <br />M~~ORANDUM FOR THE PRESIDENT <br /> <br />i="~"M,: <br /> <br />JAMES G. WATT, CHAIRMAN PRO TEMPORE <br />CARTNF.T COUNCIL ON NATURAL RESOURCES AND ENVIRONMENT <br /> <br />'SUBJECT: <br /> <br />Cost Sharing on Water projects <br /> <br />Attachec is the Cabinet Council's decision memo and <br />recoomendation. <br /> <br />You will be pleased to know that some progress has been made <br />on these issues already. The Department of the Army has been <br />success~ul in ob~aining letters of intent from non-federal <br />entities interested in(ten)new Civil Works project starts to <br />provide ia percent of toe cost, as opposed to their providing <br />only 13 percent under the historical policies. The non-federal <br />g~OU?S also agreed to pay that amount "up front," that is, as' <br />spent, ia~her t~an by repaying the federal outlays over a number <br />of years. 'U? !ront" financing by non-federal interests would <br />relieve the burden on the federal budget. <br /> <br />. <br /> <br />. I <br />./.A <br /> <br />" <br />