| OCR Text |
Show 70 INTERSTATE COMPACTS members of the United States House of Eepresentatives from each signatory state and the chief of engineers as to the commission's decision and as to any change in such decision. On receipt of information from the chief of engineers that any flood control dam and reservoir is to be constructed, reconstructed, altered or used for any purpose in addition to flood control, including those flood control dams and reservoirs heretofore constructed and those specified in Article IV, the commission shall make a separate estimate of the amount of taxes which would be lost to and of economic losses and damages which would occur in political subdi- visions of the signatory state wherein such dam and reservoir would be located, wholly or in part, by reason of acquisition and ownership by the United States of lands, rights or other property for the construction and operation of such dam and reservoir in excess of the estimated amount of taxes which would be lost and of the economic losses and damages which would occur if the dam were constructed and operated for flood control only and the commission shall decide the extent to which, in its opinion, the signatory states would be justified in making reimbursement for loss of taxes and for economic losses and damages in addition to reimbursement for such dam and reservoir if constructed and used for flood control only. Such estimate and deci- sion shall thereafter be reviewed by the commission at five-year inter- vals until such time as such dam and reservoir shall be so constructed, reconstructed, altered or used or plans for such construction, recon- struction, alteration or use are abandoned. The commission shall notify the governor, the members of the United States Senate and the members of the United States House of ^Representatives from each signatory state as to the commission's decision and as to any change in such decision. Within thirty days after acquisition by the United States of the site of any flood control dam the commission shall proceed to make a final determination of economic losses and damages occasioned by such dam and reservoir. The commission shall not include in such determina- tion either speculative losses and damages or losses and damages for which the United States is liable. The commission shall compute the share of the Commonwealth of Massachusetts and the State of Connecticut shall each pay to the state wherein such dam and reservoir is located by multiplying the sum of sudh losses and damages, as previously determined, by the percentage of flood control benefits 'which the Commonwealth of Massachusetts and the State of Connecticut each 'receives, in the allocation by states, of the flood control benefits resulting from the dam and reservoir. The commission shall send a notice to the treasurer of the Common- wealth of Massachusetts and to the treasurer of the State of Connect- icut setting forth in detail the sum, if any, each is to pay to the state wherein such dam and reservoir is located in reimbursement for economic losses and damages and shall also send such notice to the treasurer of the state wherein such dam and reservoir is located. The Commonwealth of Massachusetts and the State of Connecticut on receipt of such formal notification by the commission shall each pay its share of such economic losses or damages to the signatory states |
