|
<br />.. ~. t.~_-.,.~....<-:;y;,,""}~
<br />~ : t ....,..:, ;,;s'..-i - '
<br />~, ,., . -<-I'! <''4. -_ .,:,..
<br />
<br />IG8Qugusl 16, 1962
<br />
<br />,NSAS PROJECT
<br />
<br />ion, and maintenance by the Secretary 0('
<br />roject, Colorado. (Act of August 16,1962,
<br />
<br />'ct authorized-Not to include Gunni~
<br />,e of Colorado River water.J-For the
<br />in, municipal, domestic, and industrial
<br />ilect~c power an~ e~crgy, and control-
<br />',tefiClal purposes incIdental thereto, in-
<br />"od development of fish and wildlife,
<br />.d to construct, operate, and maintain
<br />:io, in substantial <lccordance with the
<br />'use Document Numbered 187, Eighty-
<br />n the September 1959 report of the
<br />DJ...."1l a:ld Reservoir Colorado" with
<br />lffi, or additions to tt~c \...orks des~ribed
<br />or prcpc:- for accor:1plishing the objcc-
<br />.r add.itions as may be required in con-
<br />.;:tend to or contemplate the 50-called
<br />!..'1 /.his .-\ct 5~3.11 co;,stitute a camP-lit.
<br />t\'ate~ irom L1.e Colorado Ri\'er s....stem
<br />'oje(:ts heretofore or herein autho'rized.
<br />ng the F:-yingpa!1-Arb.nsas project, the
<br />~J.I .ec:ar:1J.tion 1a'.....5 (Act of June 17,
<br />thereof or supplementary thereto).
<br />ngpan River in lieu of Aspen s:tc on
<br />~ to be made on Ashcroft on Castle
<br />J.do, to be expedited.]-A reservoir at
<br />th ::1.0 active capacity of approximately
<br />COn5tructp.d in lieu of the reservoir on
<br />onte::nphi:ed in House Document Num-
<br />:c:-et.:lry shail investigate and prepare a
<br />t rese;voir at or ne:l.r the Ashcroft site
<br />19 Fork Ri'~'er abo'Je its confluence with
<br />approximately five thousand acre-feet,
<br />~e:1ced unless said report, \\'hich shall
<br />on gress, aemoilstr;1tes the feasibility of
<br />:ongres5. The Secret3.ry shall expedite
<br />1asalt project, Coiorado, as a participat-
<br />;6 (iO Stat. 105), and said report shall
<br />.",hich reference is made in section 2 of
<br />
<br />,upply works to be constructed by local
<br />
<br />
<br />August 16, 1962
<br />
<br />1671
<br />
<br />FRYING PAN-ARKANSAS PROJECT.
<br />
<br />communities except when infeasible-Construction by Secretary of th.e Interior;
<br />repayment.]-No part of. the single purpose municipal'and industrial water
<br />supply works involved in the Fryingpan-Arkansas project shall be constructed
<br />by the Secretary in the absence of evidence satisfJ.ctory to him that it would be
<br />infeasible for the communities involved to construct the works themsel....es) singly
<br />or jointly. In the event it is determined that these works, or' any of them, are to
<br />be constructed by the Secretary) a contract providing) among other things, for
<br />payment of the actual cost thereof, with interest as hereinafter pro....ided, as
<br />rapidly as is consistent with the contracting parties' ability to pay, but in any
<br />event, within fifty years from the time the works are first available for the delivery
<br />of water, and for asswnption by the contracting parties of the care, operation,
<br />maintenance, and replacement of the works shall be a condition precedent to
<br />construction thereof. (76 Stat, 389; 43 V.S,C, S 616)
<br />Sec. 2. [Repayment period for irrigation water userSj no development period
<br />authorized-Rates to be charged for commercial power and water for munici-
<br />pal, domestic or industrial use-Interest rates.]-(a) Contracts to repay the
<br />portion of the' cost of the Fryingpan-Arkansas project allocated to irrigation and
<br />assigned to be repaid by irrigation water users (exclusive of such portion of sJ.id
<br />cost as may be derived from te.mporary water supply contract.5 or from other
<br />sources) which are entered into pursuant to subsection (d), section 9, or the
<br />Reclamation Project Act of 1939 (53 Stat. 1187), as =ended, sholl prm.ide ~or
<br />a ba...<;ic rcp3.yment period of not more than fifty years after completio!l of con-
<br />struction and shaH not provide for any development per:od. Such co::tr.lC~S s~::!.iI
<br />be entered into only with organizations which have the c3.pacity to Ie';;: J.S::;~S::;-
<br />ments upon 3.11 ta.\::ablc real property located within their boundaries.
<br />(b) Rates charged for commercial power and for water for rr.uniciDal,
<br />domestic or industrial- use or for the use of facilities for the storage anl/or
<br />delivery of such water shall be de~igned to return to the United Sta~es, v,.-it~in
<br />not more th<!.n fifty ye.:-,rs from the completion of each unit of the project which
<br />serves those purposes, those costs of constructing) o?erating and maintaining that
<br />unit which are allocated to said purposes and interest ~n the unJ.mortized
<br />balance of-said 'construction allocation and, in addition, within the period fixed
<br />by subsection:( a) of thIs-section, so much of the irrigation allocation as is beyond
<br />the ability of the water users and their organizations to repay.
<br />(c) The interest rate on the unamortized balance of the commercial power
<br />and municipal, domestic, and industrial water supply allocations shall be deter-
<br />mined by the Secretary of the Treas'ury, as of the beginning of the fiscal year in
<br />which construction is initiated, on the basis of the computed a...-er:1ge interest rate
<br />payable by the Treasury upon its outstanding marketable public obligations,
<br />which are neither due nor callable for redemption for fifteen yeJ.rs from the da.te'
<br />of issue, (76 Stat, 390; +3 D,S,C, S 616a)
<br />Sec. 3. [Operating principles--Benefits and rights of western Colorado water
<br />users-Interbasin .transfers .of water.J-(a) The Fryingpan-Arkansas project
<br />shall be operated under the' directio.n of the. Secretary in accordance with the
<br />operating principles adopted by the. State of Colorado on December 9, 1960,.
<br />and reproduced in House Document Numbered 130, Eighty-seventh Congr=,
<br />
<br />
|