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<br />- 4 - <br /> <br />Project (New Mexico), the Seedskadee Project (Wyoming) do not <br />require ceiling increases; the Labarge and Lyman Projects <br />(Wyoming) require increases totalling $19,884,467. Of the <br />four storage units the Flaming Gorge and Navajo units require <br />ceiling increases amounting to $10,088,158. <br /> <br />Therefore, it appears that about $390,000,000 of the <br />$420,000,000 of the increase to be authorized would go to the Central <br />Utah Project and the fish and wildlife mitigation projects, while <br />Colorado would receive $37,978! The fact that H.R. 3408 spe- <br />cifically states that the $420 million "shall be available solely <br />for continuing construction of the previously authorized units <br />and projects listed above in the Act of August 10, 1972, and <br />construction of projects named in this Act" lH.R. 3408) eliminates <br />eight other authorized Colorado participatin9 projects and any <br />other future projects that Colorado may wish to have developed. <br />This may turn out to be a subtle method to deauthorize Colorado's <br />remaining authorized projects as well as preventing construction <br />of future projects that Colorado may want. This may be especially <br />true when Section 2 of H.R. 3408 would permit Utah to tie up all <br />of the revenues in the Basin Fund. <br /> <br />Section 2 (al is especially damaging to the State of Colorado <br />with its apportionment of 46% of the excess power revenues of the <br />Upper Colorado River Basin Fund. This section says that "Notwithstand- <br />ing any other provisions of law, power revenues credited to the Upper <br />Colorado River Basin Fund for operating needs also shall be used <br />. . . . . tor e t urn.. . . . n'o n - Fed era 1 fun d s (i n c 1 u din gin t ere s tan d rea son a b 1 e <br />financing costs) expended solely for construction of the irrigation, <br />drainage, hydroelectric, and associated features of the Bonneville <br />Unit (initial phase) Central Utah Project and contributions to <br />return on a present value basis the sunk costs allocated to irrigation <br />features of the Bonneville Unit... .to be returned from the Basin Fund." <br />The quoted language is particularly objectionable for several reasons: <br /> <br />2266'" <br />