Page:United States Statutes at Large Volume 106 Part 1.djvu/87

 PUBLIC LAW 102-250—MAR. 5, 1992 106 STAT. 55 age market yields on outstanding marketable obligations of the United States with remaining periods to matxirity of one year occurring diiring the last month of the fiscal year preceding the date of execution of the temporary contract; (2) in the case of existing facilities the rate as authorized for that Federal Reclamation project; (3) in the absence of such authorized rate, the interest rate as determined by the Secretsiry of the Treasury as of the beginning of the fiscal year in which construction was initiated on the basis of the computed average interest rate payable by the Treasxiry upon its outstanding marketable public obligations which were neither due nor c£dlable for redemption for fifteen years from date of issue: Provided, That for all deliveries of water for municipal and industrial pxirposes from existing facilities to nonproject contractors, the rate shall be as set forth in paragraph (1) of this subsection. (d) FISH AND WILDLIFE.— The Secretary may make water from Federal Reclamation projects and nonproject water available on a nonreimbursable basis for the purposes of protecting or restoring fish and wildlife resoxirces, including mitigation losses, that occur as a result of drought conditions or the operation of a Federal Reclamation project during drought conditions. The Secretary may store and convey project and nonproject water for fish and wildlife purposes, and may provide conveyance of any such water for both State and Federal wildlife habitat and for habitat held in private ownership. The Secretary may meike available water for these purposes outside the authorized project service area. Use of the Federal storage and conveyance facilities for these purposes shall be on a nonreimbursable basis. Water made available by the Secretary in 1991 from the Central Valley Project, California, to the Grasslands Water District for the piirpose of fish and wildlife shall be nonreimbursable. (e) NONPROJECT WATER.—The Secretary is authorized to store and convey nonproject water utilizing Federal Reclamation project facilities for use outside and inside the authorized project service area for municipal and industrial uses, fish and wildlife, and agricultural uses. Except in the case of water supplied for fish and wildlife, which shall be nonreimbursable, the Secretary shall chsirge the recipients of such water for such use of Federal Reclamation project facilities at a rate established pursuant to section 102(c) of this Act. (f) RECLAMATION FUND. —The payment of capital costs attributable to the sale of project or nonproject water or the use of Federal Reclamation project facilities shall be covered into the Reclamation Fund and be placed to the credit of the project from which such water or use of such facilities is supplied. SEC. 103. LOANS. 43 USC 2213. The Secretary of the Interior is authorized to make loans to water users for the purposes of undertaking construction, management, conservation activities, or the acquisition and transportation of water consistent with State law, that can be expected to have an effect in mitigating losses and damages, including those suffered by fish and wildlife, resulting from drought conditions. Such loans shall be made available under such terms and conditions as the Secretary deems appropriate: Provided, That the Secretary shall not approve any loan unless the applicant can demonstrate an

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