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<br />.. ~ '': FRYINGPAN-ARKA.NSAS PROJECT, COLORADO
<br />~{~"
<br />Act 8hnll constitute a commitment, rent or implied, to exportatiolls fit water from
<br />the Colorado River sYf.:tem in Cnlorndo beyond those reqUired for llrojects here-
<br />tofore or berejn authf)rizt>d. In C0l18trllctillg, operating, and Il1nilltail1in~ the
<br />Frying"J)'"ln-.-\.rkans3~ project. the Secretnrj' shall be governed by the FederaL
<br />reclamation laws (Act of June 17, 11102; 32 Stut. 388, ond Ads amendatory
<br />thereof or sUPlllernentn ry thereto).
<br />(b) A r~servotr at the Ruedi site on the Fryin~nll Ri\"('l' with nn ncti,e
<br />capacity of UI)I)roximntely olle hundred thou:-;nntl acre-feet !"hnl1 he cnnstructcrl
<br />in Heu of tue reservoir Oll the RonrilJg lPorli: llil"er o2t the Aspen site c(1ntem.
<br />plated in House DocllUlent Numbered 18i, Eighty-third Cl)lI~ress. The Secre-
<br />tary sunil in.estigate and llrepure n report on the feasibility of II replacement
<br />reservoir at. or near the A~hcroft site on the Rflaring Fork H.iyer ahn\'~ its conflu-
<br />enee with the I<'ryin'=-1.mll Ri\'er with n c~Wllcit,. of approximately fi.e thousand
<br />acre.feet, but. ..:onstrllction thereof shall not be cnmlllenced 111lleSFl said rCllort,
<br />whicb shnll be submitted to the Pre~idellt und rhe C0Ilgres:,:, delllon"(l"utes the
<br />fea~ibility of said rpser,oir anrI is nplJroyed by the Congress. The Secretary
<br />shall i~xpedite completion of his plnm1ing report. (Ill the Basalt lJroject, Colorad/),
<br />as a participnting project. under the Act. of April 11. 1~15n (70 Stat. 1O[i), and
<br />said report "ball huye tbe priority status of t.he reports to whil:h reference i!'>
<br />madejn !:'lection2 of !:'laid Ad.
<br />(I:) No part I)f the single purpose municipal nnd industrial Wl1ter supply
<br />workR inY()I.ed in the I"ryingpan-Arkan:,;as project shall be C0nstrlll~tf't1 hy tbe
<br />Secretary in the absence of evitleUt:e sntisfud('l'Y t(, him that it wonlrl he infeasible
<br />for the communities involver} to construct the works thelllseh-e~, singly or jointly.
<br />In the event it i~ df!termined that t.hese works, or anr of them, are to be con-
<br />structed by the Secretary, a contract IJCol"iding, .'lllJUllg utJJer things, for ll:l,vment
<br />of the ac.:tual cost tbereof, with int~rc~t as hereiullfter provided, as Cllpidly ItS iR
<br />~ollsist(>nt. with the contmcting parties' ability to pay, but in any e.ent, within
<br />fiftr years from the time the works llre first nvnilablc fM tbe delivers flf water,
<br />and for lls!';umption b~' the contracting llart.ies of tbe care, nperatil,n, mainte-
<br />nance, and replacement IIf the works shall be a c'Jndilion precedent t.o coo-
<br />strudlon thereof.
<br />s~;c. 2. (a) Contracts to repay the portillO of the cost of the Fryingpun-
<br />Arkam:as project nllocated to irri:;l;ation and n~!:'lignefl to he repahl hy irrigation
<br />water u::-;err. (exdush'e of !'>uch portion of said cost as Illay be deri.ed from tem-
<br />porary water sllpply contracts or from other sourcf's) whieh are eilterell intI)
<br />pnr~uant to ~llb!:'lection ld), section 9, of tbe Reclamation Project Act of 1030
<br />(G3 Stat. US7). as amenderl, shall 11rovitle for a basic repuyment period of not
<br />more than fifty years after COIllIIlf'tion of conf'ltflH:tion find shall not pfol'ide
<br />for any development veriod. Such contracts shflll be entered into onl~ with
<br />organizntiollS which bave the capacity to levy a~sessments upon all t'fixable
<br />renl prollerty located within their bQum)nries.
<br />(0) Rate... charged fM cOlllmercial power find for water for Blllnieijl31, dOlllPstic
<br />or industrial use Qr for tbe use of facilities for I,he storage and/or delivery of
<br />such wMer shall be designed to return to the United Statf's, within not more
<br />than fifty ,\'l~arl':l from the completion of each unit of the project which Rerves
<br />tho~e pl1rl1l)ses, those costs of constructing, operating and mniutaillillg that unit
<br />which are nllocated to said purposes and interest on the unnlllortizc'(l balance
<br />of said conlicruction allocation and, in addition, witbin the period fixed by sub-
<br />section (a) of this section, so much of the irrigation allocation as is beyond the
<br />ability of the wllter users and their orgnuizatioIls to rf'fla~'.
<br />(c) The interest. rate on tbe unamortized balance of the l:oIlllllen.ial powP.r
<br />and municipul, domestic, and induf.;trial water supply allcK-at.iolls shall he deter-
<br />mined by tJw Secre-tnry of the Trf'DSurJ'. n::: of the heginning of the fi:';l'al .,ear
<br />in whicb construction is initiated, (lD the basis of the computed a\"erfl~e interest
<br />rate pnyabh! uy the Treul':Iury upon its ontstanding marketable IlUblic nlJliA'ntions,
<br />which are neither due nor (:81lable for redemption for fifteen years frolll tlle flate
<br />of i!:'lsue.
<br />SEC. 3. (.'1) Tbe Fl'yingpan-Arkl1nsas project shnll be operatpflunder t.be direc-
<br />tion of the ~ecretflrr in nccorllulli,'e {\'ith tIle operating principles ilfJopted D.l'" the
<br />State of Colorado on December ~), 1:)60, and reproduced in Bonse Document uum-
<br />bered l~m. Ei::!;hty-~e\"ellt.h Congl'e~s.
<br />(b) Tbe Secretary TIlny appoint the two reprf'sentatins of the United State!';
<br />to tbe Commission referred to in puragrallb 10 of snid principles and way, upon
<br />unanimou!-l recommendation of the pnrt.ies sil-\"natory to tlw operating prin~ipl('s.
<br />adopt :-men modifications therein as are not inconsistent with the lIrol"iHions of
<br />this Act.
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