FLOOD09864

• County: Statewide
• Community: State of Colorado
• Basin: Statewide
• Title: Water Project Insurance Fund Legislation - Federal
• Date: 5/20/1983
• Floodplain - Doc Type: Projects ‎(non-floodplain)‎

oj" -...

.

.

lJ5a)L-.>
aff/U1-~d
Lf;/t-!Y 2-

Honorable Morris K. Udall
Chairman, House Committee on
Interior and Insular Affairs
Cannon House Office Building, Room
Washington, DC 20510

235

Dear Congressman Udall:

On

, 1982, the Western States Water Council

forwarded a copy of a resolution supporting H. R. 4380. The

bill establishes a water project insurance fund to assist water

authorities in financing the construction of reclamation,

irrigation and other water related projects and authorizes the

Secretary ~f Interior to administer the fund. The Council's

resolution expresses agreement with the concept outlined in

Section 5(a) of H. R. 4380 that any monies appropriated and

deposited in the Water Project Insurance Fund from the

Reclamation Fund shall be utilized only for expenses and payments

with respect to obligations related to the acquisition and con-

struction of irrigation works for the reclamation of arid lands.

It was the intention of the Western States Water Council

to urge that any other monies in the Water Project Insurance

Fund be used to insure obligations issued for the purpose of

constructing projects as defined in Section 2(c) of the act.

That definition includes any system or facilities used or useful

for the reclamation of arid lands or for irrigation purposes and

for the generation or transmission of electrical energy therefor

or for the development of potable water supplies and the storage,

regulation and distribution thereof for domestic, municipal,

industrial and other uses.

(Emphasis Added) A literal inter-

pretation of the Council's resolution might lead your Committee