OCR Text |
Show delay the marketing of power. The committee knows of no valid reasons why agreements cannot be obtained in this area similar to those that have proved so satisfactory to the Federal Government and its customers in the Southeastern and Southwestern Power Administrations." The House and Senate versions of the bill went to Conference Committee. Both Houses adopted the Conference Report on September 26, 1961 only a matter of hours before the final adjournment of the 1st Session of the 87th Congress. The Conference Report No. 1268, 87th Congress, First Session states: "UPPER COLORADO RIVER BASIN FUND "The conferees of both Houses are in agreement that the funding program as outlined in the Senate report is to be carried out with the exception that a maximum of $2,933,500 shall be transferred to other Department of the Interior agencies for recreation and fish and wildlife facilities. "The conferees on the part of both Houses are in agreement that the planning and construction of the transmission lines for the Colorado River storage project shall proceed as provided for in the budget presentation and in the bill as it passed the House, unless the Secretary of the Interior finds it practicable and in the national interest to enter into wheeling agreements with private power interests." The fiscal 1962 program for the Colorado River Storage Project and a summary of the money appropriated by Congress through Fiscal year 1962 are shown in the following tabulations. Appendix C of this report consists of a tabulation of contract awards by the United States Bureau of Reclamation for the Colorado River Storage Project and participating projects. B. FISCAL DATA-COLORADO RIVER STORAGE PROJECT Section 6 of the Act authorizing the construction and operation o'f the Colorado River Storage Project and participating projects (Act of April 11, 1956, 70 Stat. 105) stipulates that "On January 1 of each year the Secretary" of the Interior "shall report to the Congress for the previous fiscal year... upon the status of the revenues from, and the cost of constructing, operating, and maintaining the Colorado River storage project and the participating projects." Appendix F of this report consists of the FOURTH ANNUAL REPORT ON THE COLORADO RIVER STORAGE PROJECT AND PARTICIPATING PROJECTS of the Secretary of the Interior to the Congress of the United States for the fiscal year ending June 30, 1960. 44 |