Laserfiche WebLink
<br />!!lE!!!.', Whenever Wtlr~s in.w hola or in part shall <br />be oonstructed \"I1thin IJD.y o1:&te for too generation ~ hydro- <br />eleotrio power 'and Slob warks by vir1ne ~ ownerohip beillg <br />veeted in tho United States shall be exempt fram taxation, <br />said s1l3b shall be enti1;Led to an allotment of free power <br />generated by sU\lh warks Bllffioient in quantity am oollllleroia1 <br />value to oompensate it fairly for the 100 B of revenue it shall <br />sustain by virtue of swh e:mmpti on. <br />It is also agreed t!J>t eaoh state m", <br />require that pl'Oduoem of hyd1'O-e1eotr1o power within suoh <br />state ehl/o1~ give a pzeferred Ii ght to oonsumers within s1lllh <br />stats to parohase suoo power at reasonable rates to be fixed' <br />by BllOO sta tel <br /> <br />~I In any aotion, suit or prooeediDg that <br /> <br /> <br />lIlllO' be brought to enforoe eny of tm llrovisioIlll of this Com_ <br /> <br /> <br />paot allli state m;y apllear etther to proseoute or de:Ceml as <br /> <br /> <br />its interest or the interes1l3 of <lilY of ita oi ti aons lIJll.y <br /> <br /> <br />appear and it IIBY, by legislativo enaotllJlnt 8Ilthori"o an <br /> <br /> <br />appearance tmrein by any of ita oitl.aem, provided, hCl'1e-ror, <br /> <br /> <br />t!J>t fhe effeot of sum e.ppee.rnnce by its oiti3ens ahe.11 not be <br /> <br />to ohwge any such aotion, Sllit or prooeedillg from om between <br /> <br /> <br />oi thene, or b etweon a e1l3 te or sta tos end the oi tia~ of <br /> <br /> <br />another eta te or states, to """ betwoen oi ti 3era of differ- <br /> <br />ant states. <br /> <br />ARTICJ:.E II. <br /> <br />The Unihd States IAall exeroise 61lJ>8rvisory SOD.- <br />trol over the oonstruotion of \7arke on the Colorado River to <br />tm end that there shall be seaurod Wli1.,- at: plan in i18 <br />deve lopment and the max111lW11 00 Mer"" ti on of its natura 1 re- <br /> <br />eouroes, <br /> <br />-4- <br />