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BOARD01118
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BOARD01118
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Last modified
8/16/2009 2:58:20 PM
Creation date
10/4/2006 6:50:17 AM
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Board Meetings
Board Meeting Date
3/21/2006
Description
WSP Section- Animas-La Plata Project Update
Board Meetings - Doc Type
Memo
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<br />. <br /> <br />. <br /> <br />. <br /> <br />I1\CLUDES CO~I~IE1\TS FRO~I CWRI'D,\ DATEIlll14105 A;-;1l119106. <br />I1\CLUlJES CO~I~IE1\TS FROM SJWC DATED 10125105 <br /> <br />DRAFT <br /> <br />1125106 <br /> <br />Memo <br /> <br />TO: <br /> <br />ConlrilctorslPotcntial RCpa)111cnt Sponsors <br /> <br />FROM: <br /> <br />Ehal and DeAngelis <br /> <br />SUBJ ECT: <br /> <br />ivtcthodology Regarding Implementation ofScction 207 on Up-Front <br /> <br />Cost-Sharing and Rcpa}TI1cnt, Animas-La PlaIa Project <br /> <br />A. Background. The passage of Section 207 of P.L. 108-447. as amended. affects <br /> <br />up-front cost-sharing and repayment of the Project. The statute provides: <br /> <br />See. 107. Animas-l.a Plata NOIl-flldian Sponsor Obligations. III accordance with the <br /> <br />lIolltrib,,1 repaymelll ohligation specified in Subsection 6((1)(3)(8) of the C%mtio Ute <br /> <br />IlIdilln Rights Settlement Act of /988 (Puhlic l.llh" 100-585), as amended hy the C%rac/o <br /> <br />Ute SeulemclIl Act Amendments of 2000 (Public LtlW 106-554), the reimhursahle cost <br /> <br />UpOIl which the cost al/ocatioll stIllII he hast'd shall 110t e:fceed $43.000,000, plus imerest <br /> <br />during COllstructioll for those parties not utilizing the up from paymellt optioll. of the first <br />
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