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<br />I <br /> <br />I <br /> <br />d. Budgetary constraints will govern the commencement <br />of construction. <br /> <br />7. West Divide Project <br /> <br />a. Definite plan studies now under way. <br /> <br />b. Primary immediate concern is working with the local <br />people. the West Divide Water Conservancy District. <br />and the State of Colorado to determine the needs and <br />priorities of the area. Need to know. for example, <br />magni tude and tilning of M&I requirements and for <br />what purpose. and what environmental concerns must be <br />accommodated. <br /> <br />c. The District and the Bureau are aware of the opposition <br />to Placita Reservoir on the Crystal River. The Dis- <br />trict has hired a private consulting firm to study <br />this specific problem. The Bureau also will consider <br />alternatives to this site. <br /> <br />d. Public inputs and alternative considerations hopefully <br />will lead to a plan for the West Divide Project that <br />will allow an appropriate development to proceed. <br /> <br />e. The Definite Plan Report and Draft Environmental State- <br />ment are scheduled for completion in June 1978. The <br />Final Environmental Statement is due November 1978. <br /> <br />VI. BUDGET AND IMPOUNDMENT CONTROL ACT OF 1974. PL 93-344, DATED <br />JULY 12. 1974 <br /> <br />A. Sets up Budget Committee of the House (23 members and Budget <br />Committee of Senate. 15 members). <br /> <br />B. Establishes congressional budget office. <br /> <br />C. Sets timetable for congre8sional budget process which, among <br />others. identifieR the 7t.a day after Labor Day as the time <br />for Congress to complete action on appropriation bills. <br /> <br />D. Establishes fiscal year of October 1 through September 30. <br />beginning with fiscal year 1977: 10/1/76 - 9/30/77. <br /> <br />E. Title 10 of the act deals with impoundments of funds. <br /> <br />1. Defines rescission as rescinding of budget authority; <br />tequires President to submit to Congress a special <br />message on rescissions; req~ires Cd~g~ess.to act <br />within 45 days or rescission will not be allowed. <br /> <br />2. Defines deferral as withholding of obligating or spending <br />authority; requires president to submit to Congress a <br /> <br />-22- <br />