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<br />0191 <br /> <br />. <br /> <br />-2- <br /> <br />. <br /> <br />California up to the decreed quantity of 4.4 million acre-feet annually. <br /> <br /> <br />The Central Arizona project is to bear the risk of shortages until <br /> <br /> <br />importation works are constructed to bring at least 2.5 million acre- <br /> <br /> <br />feet of water annually into the main stream of the Colorado River. <br /> <br /> <br />"3. The portion of the cost of the importation works fairly <br /> <br /> <br />allocable to the performance of the Mexican Water Treaty, a national <br /> <br /> <br />obligation, is made nonreimbursable. <br /> <br /> <br />"4. A development fund is created, fed by power revenues from <br /> <br /> <br />Bridge, Marble, Hoover, Davis and Parker dams, to subsidize the Central <br /> <br /> <br />Arizona aqueduct and help pay for importation works. <br /> <br /> <br />"5. The compromise between the Upper and Lower Basins is retained. <br /> <br /> <br />Its features include relief of both basins from the Mexican Treaty burden <br /> <br /> <br />when works to import 2.5 million acre-feet annually are in operation, a <br /> <br /> <br />plan for coordinating the operation of Lake Powell and Lake Mead so that <br /> <br /> <br />both reservoirs share the benefits of wet years and neither of them bears <br /> <br /> <br />alone the burden of drawdowns during drouths, and provisions for reimbursing <br /> <br /> <br />the Upper Basin's fund for payments that must be made out of that fund to <br /> <br /> <br />keep the Hoover power contractors whole under their contracts if water is <br /> <br /> <br />withheld from power generation at Hoover to build up Lake Powell. <br /> <br /> <br />"6. The bill retains the careful protection for areas of origin. <br /> <br /> <br />"7. A key feature of the seven-state ~ill is Title II, directing <br /> <br /> <br />the Secretary to investigate shortages in the entire Colorado River Basin, <br /> <br /> <br />and to formulate and report to Congress a regional plan for their alleviation <br /> <br /> <br />through importations of water or otherwise. This is retained. <br /> <br /> <br />"The Committee added a new feature, a seven-man national water <br /> <br /> <br />commission under whose general direction the Secretary is to make his study <br /> <br /> <br />and report. He is to first make a reconnaissance report and if this is <br /> <br /> <br />favorable as to availability of a water surplus in the areas of origin, and <br /> <br /> <br />as to the benefit-cost ratio of the importation works and the probability <br /> <br /> <br />more----- <br />