AZ vs. CA:14 California Exhibits, Vol. XIV; Nos. 2051-2100

page 21

31 1 and in conformity with the policy expressed in the 2 Federal Water Power Act as to conflicting applications 3 for permits and license: Provided, however. That no 4 application of a political subdivision for an allocation of 0 electrical energy shall be denied or another application in 0 conflict therewith be granted on the ground that the bond 7 ismte of such political subdivision, necessary to enable the 8 applicant to utilize the electrical energy applied for, has S* not been authorized or marketed, until after a reasonable 10 time, to be determined by the said Secretary, has been given 11 to such applicant to have such bond issue authorized and 12 marketed, 13 (d) Any agency receiving a contract for electrical I 1 energy equivalent to one hundred thousand firm horse-Ii5 power, or more, may, when deemed feasible by the said l'j Secretary, from engineering and economic considerations I1 and under general regulations prescribed by him, be IH required to permit other similar agency having con-!'•) tracts hereunder for less than the equivalent of twenty-five 20 thousand firm horsepower to participate in the benefits and 21 use of any main transmission line constructed by the former 22 for carrying such energy (not exceeding, however, one- 23 fourth the capacity of such line), upon payment by such 24 other agencies of a reasonable share of the cost of construc--*> tion, operation, and maintenance thereof.