Washington : Government Printing Office
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Chap. 301 | San Carlos irrigation project, Ariz. Construction charge; on non-Indian lands. |
Chap. 301 | Repayment. |
Sec. 2 | Effective date of schedule. |
Sec. 3 | "Construction charges." |
Sec. 3 | Deferred installments. |
Sec. 4 | Supplemental agreement. |
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 3 of the San Carlos Act, approved June 7, 1924 (43 Stat. 475-476), as amended and supplemented, be, and it is hereby, amended so as to provide that the construction charges on account of non-Indian lands in the San Carlos Federal irrigation project shall be repaid in variable annual payments, to be determined by the number of acre-feet of water stored in the San Carlos Reservoir on March 1 each year beginning on the
1st day of March 1945; the amount of each such annual payment shall be fixed and determined in accordance with the following schedule:
When stored water (other than dead storage) in the San Carlos Reservoir on March 1 of each year is: |
The annual construction charge payment due December 1 of the following year shall be |
0 to 100,000 acre-feet | $12,500 |
Over 100,000 but not over 200,000 acre-feet | 25,000 |
Over 200,000 but not over 250,000 acre-feet | 37,500 |
Over 250,000 but not over 300,000 acre-feet | 50,000 |
Over 300,000 but not over 350,000 acre-feet | 75,000 |
Over 350,000 but not over 400,000 acre-feet | 100,000 |
Over 400,000 acre-feet | 125,000 |
The variable repayment schedule provided for in section 1 hereof shall go into effect for the fiscal year beginning July 1, 1945, and ending June 30, 1946, and the first such annual payment shall become due and payable December 1, 1946.
The term "construction charges" shall mean the unpaid balance of the principal obligations due the United States under the terms of the repayment contract dated June 8, 1931, between the United States and the San Carlos Irrigation and Drainage District, as amended, including all annual installments deferred in whole or in part: Provided, That the sum of $25,000 shall be paid December 1, 1945, on the deferred installment due December 1, 1945, under the amended repayment contract: Provided further, That none of the deferred installments shall bear interest during the periods deferred.
The Secretary of the Interior is hereby authorized and directed to enter into a supplemental agreement with the San Carlos Irrigation and Drainage District modifying the repayment provisions of the existing repayment contract, as amended, in accordance herewith.
Approved, July 14, 1945.
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