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<br /> <br />,~s- <br />26.... <br /> <br />\IETHOPOl.lL\.\ WATER DI~TRH;T <br /> <br />control is deferred without interest lIntil after the expiration of <br />the present contracts. Certain addition,,] payments are to be made <br />annually for the benefit of the states of the Colorado Riwl" Basin. <br />The allotments of energy remain unchanged. <br />An important result of the act is a reduction of 28.o?O in the <br />firm enern rate which will effect an immediate saving to the Dis~ <br />tdet of approximately $700,000 per year. The rates are retroactive <br /> <br /> <br />~'l'rticallifJhtnillfJ 1I''''{'sler8 <br /> <br />to June I, 1937. and credits will be gi\'lm for overpayments prior to <br />the effective date of the act. <br />The new rates are based on the eost of constructing and operating <br />the project. and are computed to be such as will yield for the 50- <br />)o'ear period ending )Iay :n. 1987. l"eVE'nues which. to~ether with <br />the revenues from the s.lle of stored water, will be sufliciellt, but <br />not more than sufficient, to provide the following amounts: <br /> <br />II 1 rh~ rO~1 of op..ralion and mainl..nan"" 01 Ih.. dam and apPlIrt..nanc"- <br />nclu~i\., of ~..n"ralinf( rquipm..nl; <br />121 Th", annuil)' I"f"qui.....i rUr Ih.. pU!T'<""'" "r mfftinj: Ih.. cools of ~I'hc"," <br />tn"nl~ of pnrts of Ih.. dam and appurt"nant work. .luring Ih.. SO-)l!lII <br />p..riod; <br />131 TII.. "urn (If $300,(Xl(J annual)'- 10 ..a<"h of Ih.. .Ial'"$ of :\riwlla and <br />~,,\'ada' . <br />{"I "rh.. .IL~ of '5(X).ooo annuall~- 10 Ih.. C.,10lado H:i\n d..""lopm..nl fund: <br />(51 The annuil,- rt'<juin'd 10 n-pay ..ilhin.';O )..a" Ih.. a.h-am".('$ mad.. for <br />Ih" ('C'Il.lruf"tion {If Ih.. darn all.1 1I1'purt..nanl;"l"$, I.....~ '15,000.000 <br />alloc-al,.,Jloftoodconlrol. <br /> <br />