OCR Text |
Show 208 INTERSTATE COMPACTS corporation shall have any claim against the Commonwealth of Massachusetts nor against the commission relative to such economic losses and damages. The State of New Hampshire may, in agreement with the com- mission and the chief of engineers, acquire title or option to acquire title to any or all lands, rights or other property required for any flood control dam and reservoir within its boundaries and transfer such titles or options to the United States. Whenever the fair cost to said state for such titles or options, as determined by the commis- sion, is greater than the amount received therefor from the United States, the Commonwealth of Massachusetts shall pay its share of such excess cost to said State of New Hampshire, such share to be determined by the commission in accordance with procedure herein contained for determining reimbursement for economic losses and damages. Whenever the Commission shall not agree, within a reasonable time or within sixty days after a formal request from the governor of the State of New Hampshire or the Commonwealth of Massachu- setts, concerning reimbursement for loss of taxes or for economic losses and damages at any flood control dam and reservoir heretofore or hereafter constructed by the United States in the Merrimack river valley, or concerning the extent, if any, to which reimbursement shall be made for additional loss of taxes and for additional economic losses and damages caused by construction, reconstruction, alteration or use of any such dam for purposes other than flood control, the governor of each signatory state shall designate a person from his state as a member of a board of arbitration, hereinafter called the board, and the members so designated shall choose one additional member who shall be chairman of such board. Whenever the members appointed by the governors to such board shall not agree within sixty days on such additional member of the board, the governors of such signatory states shall jointly designate the additional member. The board shall by majority vote decide the question referred to it and shall do so in accordance with the provisions of this compact concerning such reim- bursement. The decision of the board on each question referred to it concerning reimbursement for loss of taxes and for economic losses and damages shall be binding on the commission and on each signa- tory state, notwithstanding any other provision of this compact. ARTICLE VI Nothing contained in this compact shall be construed as a limitation upon the authority of the United States. ARTICLE VII The signatory states agree to appropriate for compensation of agents and employees of the commission for office, administrative, travel and^ other expenses on recommendation of the commission sub- ject to limitations as follows:-The Commonwealth of Massachusetts obligates itself to not more than seventeen thousand five hundred dol- lars for the first year and to not more than fourteen thousand dollars in any one year thereafter, the State of New Hampshire obligates itself |