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<br />OJ'~-'4" <br />i) d __:: <br /> <br />Subsection 205(a) Continued <br /> <br />. <br /> <br />(3) Costs of construction and replacement of each unit or separable feature thereof <br />authorized by sections 202(a)(1), (2), and (3) and costs of construction of measures to <br />replace incidental fish and wildlife values foregone, when such measures are a part of the <br />units authorized by sections 202(a)(1), (2), and (3), allocated to the upper basin and to the <br />lower basin under section 205(a)(2) of this title shall be repaid within a fifty-year period or <br />within a period equal to the estimated life of the unit, separable feature thereof, or <br />replacement, whichever is less, without interest from the date such unit, separable feature, <br />or replacement is determined by the Secretary to be in operation, <br /> <br />(4) (i) Costs of construction and replacement of each unit or separable feature thereof <br />authorized by paragraphs (4) through (6) of section 202, costs of construction of <br />measures to replace incidental fish and wildlife values foregone, when such <br />measures are a part of the on-farm measures authorized by section 202(c) or of the <br />units authorized by paragraphs (4) through (6) of section 202, and costs of <br />implementation of the on-farm measures authorized by section 202(c) allocated to <br />the upper basin and to the lower basin under section 205(a)(2) of this title shall be <br />repaid as provided in subparagraphs (ii) and (iii), respectively, of this paragraph, <br /> <br />(ii) Costs allocated to the upper basin shall be repaid with interest within a fifty-year <br />period, or within a period equal to the estimated life of the unit, separable feature <br />thereof, replacement, or on-farm measure, whichever is less, from the date such unit, <br />separable feature thereof, replacement or on-farm measure is determined by the <br />Secretary or Secretary of Agriculture to be in operation. <br /> <br />. <br /> <br />(iii) Costs allocated to the lower basin shall be repaid without interest as such costs <br />are incurred to the extent that money is available from the Lower Colorado River <br />Basin Development Fund to repay costs allocated to the lower basin, If in any fiscal <br />year the money available from the Lower Colorado River Basin Development Fund <br />for such repayment is insufficient to repay the costs allocated to the lower basin, as <br />provided in the preceding sentence, the deficiency shall be repaid with interest as <br />soon as money becomes available in the fund for repayment of those costs. <br /> <br />(iv) The interest rates used pursuant to this act shall be determined by the Secretary <br />of the Treasury, taking into consideration average market yields on outstanding <br />marketable obligations of the United States with remaining periods to maturity <br />comparable to the reimbursement period during the month preceding the date of <br />enactment of the act entitled "An Act to amend the Colorado River Basin Salinity <br />Control Act to authorize certain additional measures to assure accomplishment of the <br />objectives of Title II of such Act, and for other purposes" for costs outstanding at that <br />date, or, in the case of costs incurred subsequent to enactment, during the month <br />preceding the fiscal year in which the costs are incurred. <br /> <br />. <br /> <br />8 <br />