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<br />o <br />C <br />C'': <br />1:'.1 <br /> <br />c <br /> <br />Amorti~atio~ of Advances to Colorado River Dam Fund for the Project. <br /> <br />The amolmts to be amortized by the rates and charges estab- <br /> <br />lished u:1der the Adjustment Act are taken as the advances for the <br /> <br />project as shown by the books of accolmt of the Bureau of <br /> <br />Reclamation, after reconciliation .vith corr8sponding accounts <br /> <br />in the Treasury of the United states, less advances for flood <br /> <br />control as yrovided in sGction 7 of the Adjustment Act. <br /> <br />Amortization Periods. <br /> <br />The a'llortization period for auvances to the Col01'9.00 River <br /> <br />Dam Fund for the project made prior to June 1, 1937 will bo the <br /> <br />50-yeo.r period ending MeW 31, 1987. <br /> <br />Advances to this Fund for tho project made subsequent to <br /> <br />June 1, 1937 will be amortized over the 50-year period beginning <br /> <br />June 1, immeaiately following the contract ;year in which the <br /> <br />funds were advanced. Amortization of such advances will be <br /> <br />included in the rates and charges promulgated under this act <br /> <br />through an annuity sufficient to repay the advances with interest <br /> <br />during the specified 50-year poriod. <br /> <br />f~ortization of all advances to the Dam rlind for construc- <br /> <br />tion purposes (except construe tion costs of ga11E;rating machinery <br /> <br />and equipment) will be subject to prolonfation only as the result <br /> <br />of causes set forth in section 3 of the l\ct or to a deficiency in <br /> <br />water 8.vaile.blo for tho zeneration of finn energy in such amount <br /> <br />as to cause deficiencies in revenues of groatur magnitude than <br /> <br />15 <br />