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. .-.-: ~~..J 22 ^[ E 'j' R 0 POll TAN '" ATE R 0 1ST R leT I I ,l Parker Dam and power plant The Parker power plant was operated by the United States under the terms of the 1939 agreement. as amended in 1942. up to mid, night of December 13. 1952. when the use and benefit of units 3 and 4 were transferred to the District by payment of the unamor, tized cost of $3.289,147,38, In turning this sum over to the Federal Government. the District paid up in full. and in advance, for its one, half interest in the Parker power plant. This is another ex, ample of the policy of the District in paying its own way in full for all features of the Colorado River aqueduct development work, The investment costs of units 3 and 4 with associated equipment and the amortization at $950 per day at 4 percent interest during the period from December 13, 1942 to December 13. 1952. inclusive, when the plant was operated by the United States are as follows: Renlall)f units al $%0 per day... Interest at 4''Yn earned on rental.. Advances in eXce~s of Di~lrjcb's (.llligatioll [(.r Parker Dam... .... ,...$5,:303,480, 16 1,.').')7,897.62 $6.861.377,78 3,391.693,90 64.443,47 116,092.97 ,I Puwer plant il1\'e~tl1lent. . Interest (In im'e1:-tment Unamortized cost. "'Jm.estnH:llt co~ts lip 10 Jauuary 1. 19.').3 $3.572,230.40 53.289.147..18 Under the original cooperative contract for construction and operation of Parker Dam with supplements and amendments. it is provided that the United States and District shall each have the right to one,half the power privilege created by the dam; that is to say. the right to pass through two hydroelectric generating units one,half the total available flow at Parker Dam at any given time. Because of the impracticability of dividing the flow of water available for the generating units. an operating agreement dated December 16. 1952 was entered into with the United States, The agreement divides the net output of the entire plant in kilowatt, hours equally between the District and the United States. with an allowance of 1/" of 1 percent for energy lost in transformation and an adjustment to compensate the United States for loss of energy resulting from the diversion of water by the District for delivery to San Diego, The contract also provides for the payment of opera, tion and maintenance costs and capital additions on a substantially equal basis. except for costs applicable to the general plant which are apportioned one,third to the District and two,thirds to the United States.