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<br />00 <br /> <br />.... <br />C-' <br />r::-: <br /> <br />c <br /> <br />Col= 16: <br /> <br />Col= 17: <br /> <br />Col= 18: <br /> <br />CoIUl1ll1 19: <br /> <br />Column 11, and after making provision for payment <br /> <br />of the current operation and maint"lnance costs and <br /> <br />payment of the annuity for the replacement reserve. <br /> <br />These revenues are divided between the pa;)'lIlents due the <br /> <br />States and the Colorado River Development Fund in the <br /> <br />ratio of $600,000 to $500,000. Payment in like manner <br /> <br />is made i:1 the year 1942-43 in such amount as to <br /> <br />extinguish the balance due since J1llle 1, 1937. <br /> <br />Payment to the Colorado River Development Ful'ld is <br /> <br />provided for at the rate of $500,000 per year. Payments <br /> <br />are made in same manner as explained in note for CoIUl1ln <br /> <br />15. <br /> <br />After making the required ;)ayments indicated in <br /> <br />Columns 11, 13, 14, 15, and 16, the balance of the <br /> <br />revenues are available for re:>ayment of advances for <br /> <br />the pro je ct exclusive of genera tin g machinery and <br /> <br />equipment and Dood control. <br /> <br />AcDTances made for the construction of the project, <br /> <br />exclusi ve of generating machinery and equipment and <br /> <br />flood control as of the beginning of each contract year. <br /> <br />Annual instalment required to amortize the advances <br /> <br />in 50 year periods at 3 percent interest (0.0388655 X <br /> <br />Principal = Annual payment on interest and princi,Jal <br /> <br />sufficient to discharge a debt in 50 years). <br /> <br />4 <br />