OCR Text |
Show (47 Stat. 564) are hereby extended and shall apply to Indian lands served by each of the foregoing participating projects. SEC. 2. In constructing, operating, and maintaining the units of the Colorado River Storage Project and the participating projects listed in section 1 of this Act, the Secretary shall be governed by the Federal reclamation laws (Act of June 17, 1902, 32 Stat. 388, and Acts amendatory thereof or supplementary thereto): Provided, That (a) irrigation repayment contracts entered into pursuant to those laws may, except as otherwise provided for the Paonia and Eden Projects, provide for repayment of the obligation assumed thereunder over a period of not more than fifty years exclusive of any development period authorized by law, (b) that in constructing, operating and maintaining the Shiprock Indian Reclamation Project, the Secretary shall be governed by the laws applicable to the development of irrigation projects on Indian reservations, and (c) as to Indian lands within all participating projects, payment of construction, operation and maintenance costs shall be subject to the Act of July 1, 1932 (47 Stat. 564). Said units and projects shall be subject to the apportionments of the use of water between the Upper and Lower Basins of the Colorado River and among the States of the Upper Basin fixed in the Colorado River Compact and the Upper Colorado River Basin Compact, respectively, and to the terms of the treaty with the United Mexican States. SEC. 3. Because of the interrelationship of the projects in the Upper Colorado River Basin and in order to assist in the administration of section 1 of this Act, the Secretary is authorized to establish an Upper Colorado River Account. To said account shall be credited (1) all power revenues derived from (a) the Colorado River Storage Project and (b) participating projects located within the natural confines of the Colorado River Basin above Lee Ferry, and (2) all net power revenues derived from the Central Utah Project (initial phase) and the San Juan-Chama Project subsequent to complete reimbursement of the reimbursable costs of those projects and additions to either of said projects. Said account shall be charged with (1) all reimbursable construction, operation, maintenance, and replacement costs of the Colorado River Storage Project and of the participating projects located within the natural confines of the Colorado River Basin above Lee Ferry that are allocated to power or assigned to be returned from power revenues, (2) that portion of the irrigation allocation of the construction cost of each participating project (whether within or without the natural confines of the Colorado River Basin above Lee Ferry) which is required to be so charged in order to account for full reimburse- -82- |