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<br />Implementation Committee is scheduled to meet in Grand Junction on August <br />30. Extending the agreement would help demonstrate to Congress that the <br />states are sincere in their support for the program. <br /> <br />. <br /> <br />Another issue involves Section 3 of the bill that allows the Secretary of <br />Energy to pay for capital projects using a loan or loans from the CWCB. <br />Attached is the latest version of the proposed Memorandum of Understanding <br />among the CWCB, the Western Area Power Administration and the Bureau <br />of Reclamation laying out some of the underlying considerations we will take <br />into account when negotiating future loan contracts with these federal <br />agencies. <br /> <br />Obviously, federal power contractors are also keenly interested in the interest <br />rate you may assess on such loans. Attached is a memo describing some of <br />the issues you may want to consider in setting an interest rate. <br /> <br />### <br /> <br />. <br /> <br />. <br />