BOARD01219

• Board Meeting Date: 1/24/2001
• Description: CF Section - Western Area Power Administration Loan - Interest Rate Collateral and Term
• Board Meetings - Doc Type: Memo

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1 to fulfill the goals of the Recovcry IlIlplL'nl()litatiou Pt'O-
2 grllms. The Western Area Power Administration au<l the
3 BUl'eau of Reclamation shall maintain snftlL:ient I'evenues

4 .in the Oolorado River Basin Fund to meet their obligation
5 to provide base funding in accordance with this provision,
6 If the Western Area Power Administration and the Bu-

7 reau of Reclamation determine that the t\1I1ds in the Colo-

8 rado River Basin Fund will not be sufficient to meet the
9 obligations of section 5(e)(1) Of the Cohmulo Rivel' StOI"
10 age Prlijeet Act for a 3-year period, the Western Arell
11 Powcr Administration and the Blll'eau of I-kt:larnatioll

12 shall request appl"Opl'iations to nwet. husl' funding" ohlig-u-
13 tions, Nothing' in this Act shallotherwisc nlodify o!' ameud

14 existing agrecments among' piu'ticipHnts reg'arding' basc
15 funding' and depletion c1utl'g'es fOl' the Reeovery Illlp]elllcll-
16 tatioll Programil.

17 (e) AUTIIOHl'lT 'ro 'RgTAI:\ AI'I'lWl'lUNl'Im

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18 FUXDS.-At the end of each ttseal year any unexpem1cd
19 appropriated funds for capital projects under this Act
20 shaH be )'etainee! for use in future fiscal yearil, Unex-
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21 pended funds under this Act that arc carried over shall
22 continue to be used to implemcnt the capital prqjects need-
23 cd for the Reeovcry Implementation Programil.
24 (f) ADDI'l'IOXAI, AU'l'HORI'l'Y,-TIH.' Secretar'V may
25 enter into ag'rcmucnts and contracts with Fecleral and

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