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<br />. <br /> <br />. <br /> <br />. <br /> <br />The amounts set forth in this subsection shall be adjusted by the Secretary for inflation in <br />each fiscal year beginning after the enactment of this Act. <br /> <br />(c) NON-FEDERAL CONTRIBUTIONS TO CAPITAL PROJECTS- (1) The Secretary, <br />acting through the Bureau of Reclamation, may accept contributed funds from the Upper <br />Division States, or political subdivisions or organizations with the Upper Division States, <br />pursuant to agreements that provide for the contributions to be used for capital projects <br />costs. Such funds may be expended as if appropriated for such purposes. Such non-Federal <br />contributions shall not exceed $17,000,000. <br /> <br />(2) In addition to the contribution described in paragraph (1), the Secretary of Energy, <br />acting through the Western Area Power Administration, and the Secretary of the Interior, <br />acting through the Bureau of Reclamation, may utilize power revenues collected pursuant <br />to the Colorado River Storage Project Act to carry out the purposes of section 3(c) of this <br />Act. Such funds shall be treated as reimbursable costs assigned to power for repayment <br />under section 5 of the Colorado River Storage Project Act. This additional contribution <br />shall not exceed $17,000,000. Such funds shall be considered a non-Federal contribution <br />for the purposes of this Act. <br /> <br />(3) The additional funding provided pursuant to paragraph (2) may be provided through <br />loans from the Colorado Water Conservation Board Construction Fund (37-60-121 C.R.S.) <br />to the Western Area Power Administration in lieu of funds which would otherwise be <br />collected from power revenues and used for storage project repayments. The Western Area <br />Power Administration is authorized to repay such loan or loans from power revenues <br />collected beginning in fiscal year 2012, subject to an agreement between the Colorado <br />Water Conservation Board, the Western Area Power Administration, and the Bureau of <br />Reclamation. The agreement and any future loan contracts that may be entered into by the <br />Colorado Water Conservation Board, the Western Area Power Administration, and the <br />Bureau of Reclamation shall be negotiated in consultation with Salt Lake City Area <br />Integrated Projects Firm Power Contractors. The agreement and loan contracts shall <br />include provisions designed to minimize impacts on electrical power rates and shall ensure <br />that loan repayment to the Colorado Water Conservation Board, including principal and <br />interest, is completed no later than September 30, 2057. The Western Area Power <br />Administration is authorized to include in power rates such sums as are necessary to carry <br />out this paragraph and paragraph (2). <br /> <br />(4) All contributions made pursuant to this subsection shall be in addition to the cost of <br />replacement power purchased due to modifying the operation of the Colorado River <br />Storage Project and the capital cost of water from Wolford Mountain Reservoir in <br />Colorado. Such costs shall be considered as non-Federal contributions, not to exceed <br />$20,000,000. <br /> <br />(d) BASE FUNDING- (I) Beginning in the first fiscal year commencing after the date of <br />enactment of this Act, the Secretary may utilize power revenues collected pursuant to the <br />Colorado River Storage Project Act for the annual base funding contributions to the <br />Recovery Implementation Programs by the Bureau of Reclamation. Such funding shall be <br />treated as nonreimbursable and as having been repaid and returned to the general fund of <br />the Treasury as costs assigned to power for repayment under section 5 of the Colorado <br />River Storage Project Act. <br />