| OCR Text |
Show 124 INTERSTATE COMPACTS "(C) a proposal for financing the project, including the terms of any proposed bonds or other evidences of indebted- ness to be used for such purpose; and " (2) such project has been authorized bv Act of Congress. " (b) No provision of Section 3.7 of the (jompact shall be deemed to authorize the Commission to impose any charge for water with- drawals or diversions from the Basin if such withdrawals or diversions could lawfully have been made without charge on the effective date of the Compact; or to impose any charges with respect to commercial navigation within the Basin, jurisdiction over which is reserved to the Federal Government: Provided, That this paragraph shall be appli- cable to the extent not inconsistent with Section 1.4 of this Compact "(c) Nothing contained in the Compact shall be deemed to restrict the executive powers of the President m the event of a national emer- gency. " (d) Notwithstanding the provisions of Article 2, section 2.2 of the Compact, the member of the Commission appointed by the President of the United States and his alternate shall serve at the pleasure of the President. " (e) Nothing contained in the Compact shall be construed as impair- ing or in any manner affecting the applicability to all Federal funds budgeted and appropriated for use by the Commission, or such author- ity over budgetary and appropriation matters as the President and Congress may have with respect to agencies in the Executive Branch of the Federal Government. " (f) Except to the same extent that state bonds are or may continue to be free or exempt from Federal taxation under the internal revenue laws of the United States, nothing contained in the Compact shall be construed as freeing or exempting from internal revenue taxation in any manner whatsoever any bonds issued by the Commission, their transfer, or the income therefrom (including any profits made on the sale thereon). "(g) Nothing contained in the Compact shall be construed to obli- gate the United States legally or morally to pay the principal or interest on any bonds issued by the Delaware River Basin Commission. "(h) Notwithstanding the provisions of section 11.5 or any other provision of the Compact, the furnishing of technical services to the Commission by agencies of the executive branch of the Government of the United States is.pledged only to the extent that the respective agencies shall from time to time agree thereto or to the extent that the President may from time to time direct such agencies to perform such services for the Commission. Nothing in the Compact shall be deemed to require the United States to furnish administrative services or facilities for carrying out functions of the Commission except to the extent that the President may direct. "(i) All laborers and mechanics employed by contractors or sub- contractors in the construction, alteration or repair, including paint- ing and decorating, of projects, buildings and works which are undertaken by the Commission or are financially assisted by it, shall be paid wages at rates not less than those prevailing on similar con- struction in the locality so determined by the Secretary of Labor in accordance with the Davis-Bacon Act, as amended (40 U.S.C. 276a- |
