<br />"
<br />
<br />2. tosts allocated to irrigation and oth~r coosur?tive ur.e~ (lOG
<br />1ll11lioll plus lZ !Jillion Ice) \11.11 ba l'utaUoc~~ed to 1;[.1 \:~tl'r ,in ci1.ract
<br />proportion to tll!! l:.mount of ,,,ater uSed, noJ :u: of the ri= when \~at(:r
<br />,10 contractually cc:~:!.ttl'U to ~;:..I USi!O (no:: nec,:,sE.:l.rily th::! d.:l.te of t!le
<br />contract). The ~~ount 5ubo.llocatcd to _~! shall reflect bot~ prcportio~ate
<br />&mOunts of wat~r ~d pro~crt1o~atQ ~o~nts of ti~~ - that is, time
<br />relnted to a forty-year rcpayn:l:lt period, ccm",am:inr; in l:l!;:>,' ::nd ",I.th
<br />~O ye~rs b~1c6 100%, 20 yc~r& bein~ S0k, lv yc~rc bcir.~ 25%. DtC. Si~=e
<br />construction cost:: of the Lou:, ctcra,~~ urlita. reflect. b~th historic;:,l a~;.J
<br />futura expenJitures, tbe aocunt no~ to be suoal1cc~tcd should be in-
<br />creased by about'23~ to cover continGencies inclu~ing cost increases in
<br />Con&truction, O:..s.?, a::d oth~r factor::.
<br />
<br />3. Project water amounting to 'nn Avcrace of 1.900,000 acre-feet;
<br />including chorta~es, licltnticna, or .adjust~ents, viii re:,~tn the $am~
<br />as presented in the Scpte~~cr 22, 1955, letter referenced aoovc, ~hethci
<br />or not used by icriS3tion or }~l.
<br />
<br />4. !o1&.I C03tS inc:lu-:lin;;.iutcl:'e'st d'~rin;; construction :m:i interest
<br />durin:; the rC;>.!lyncnt period, ,and includinG apprc->,riate 0:-:;'1;. COSI:3, ,-,ill
<br />be due and. paid fro=t rcv~r.ues rec~i\'~d. throur;b. !-:;;:,1 YI~tcr c.!;neS~~~l~nts.
<br />undar ter~s of '.1J.te:r tiarvlc~ c.ontt'.:lcts in it cor~truct pe=io:i not to e::-
<br />ceed 40 ye:l\:s. and not to e~tcod .1>"yo:1d a 50-~ear repaYl~cnt p:l'ciod, fro-:n
<br />the date of first availG~tlity of ,water as sh~;n on the attached ~abl~ 1,
<br />or abo\1t 2.001, 1I..1chevcr occurs the e:11:1icllt. ,'.
<br />
<br />. s. ,Interest d'~rin3 C0:1struCtiO;1, at rates liS approprit.te, will be
<br />inputed and cstaulit:h:ad as a repay;:bl~ };~I cost consistent vith tllC
<br />8ub::.llocnt:ion t9 i~I. E.t;.I, intcrc~t' ~::.r1n~ rt!p:lynl1.:.t: ,:i11 beco.;'t3' (;\1C
<br />durins the j.'o!1~r ,-.,.:.tc'r in contractually- c~=itt.c-.i for :.::<:1 purpo&t;)s.
<br />Fun:is received und.;:._r any optioo.'3 ~;ro:.nted. l~I CO:l.t:-~ctor:; chell be
<br />uf:cd first to cover Bur~-2u of l\~clar~~ticll ot3€.rat:(cn, fD:).it\cC:l:1:~CC, end
<br />G.f.tcinistra.tioi.l co:.:ts; i'(\t~::l:C:!Jt en lJuu:;;:):,tizcd i"..V'(~~t~;J::t; .::nd t::i~ re-
<br />lIl:linJcr shall be credited ~so.in~t the ~ln~",,~rti::cc1 i-::'I iovest:.1e:'l;;.
<br />
<br />6. USoI yatar salCll contr.:l.cts &h::111 be of the lI::1tcr serV:i.c:.? ty?"
<br />and l:~.o.ll lJ<) fo\: p,:,rio.Js of not to c::c,'!cLl fCl:ty rcars .:md u;: c::;tcb-
<br />lish.~d r~tc5 irrespectiv~~ of ynethcla t.Le cocts al1o~.:ttc<l to 5flrrir........ticn
<br />and Oth\!r Cc:l~l.i::.?tive Ut;C$" h.:.vc ba~;'\ re;;al.:!. .:....."y l:"::lC re"ICntl~a c::c~n~
<br />to p-.1)..out Eih.:lll c!: h:ln.llcJ iJ.$ Frovid.~~j in S:2ctiG~ 5(2) of th~ f_=t: cf
<br />April 11, 19~5 (70 St.:!.t. 105). }:"utu:::c cO:itr:l~L~ ::i:if..1ulJ icic.at.-:.fy 'con-
<br />struction and interest CO:lponl~nts '."lt~l aan:tal C::..R ecp";,at~ iy cct~n:~i;~e;l
<br />and bo subject to il.!".nuc.l cost i:lcr~::.so.s. It;:1.tco O~ ch~;,;t:QO sl10ald he
<br />e~il.::Iincd aml ch:lrlsp.d p.}rioJically ior use 1:1 1=1 c:r..tro.cts to in~Ol7or<lte
<br />ch&."lsu$ in the \'.llUQ of \I:ll:e\:.
<br />
<br />7. Net po~cr revenues would be utili~eJ as provide1 in ~.L. 435
<br />to repo.y eozts of th~ ctoraze unit& :llloc.:l.ted to irJ:ir.al:ioll, a:; illus-
<br />trated in tlw 13th Annual r.CP01';; on the Color.!l.lo River Stor.,zc l'rojcct
<br />aud Participating rrojccts.
<br />
<br />2-
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