Page:United States Statutes at Large Volume 45 Part 1.djvu/1113

 1062 SEVENTIETH CONGRESS. SESS. II. Cii. 42 . 1928 . Control of rates, etc. maintenance of a system of accounting, control of rates and service in the absence of State regulation or interstate agreement, valuation for rate-making purposes, transfers of contracts, contracts extending beyond the lease period, expropriation of excessive profits, recapture and/o r emergency u se by the Unit ed States of property of l essees, and penalties for enforcing regulations made under this Act or penalizing failure to comply with such regulations or with the Fed eral Power Com- provisions of this Act. He shall also conform with other provisions mission rules, etc ., ap- plicable. of the Federal Water Power Act and of the rules and regulations of th e Federal Pow er Commission, which have b een devised o r which may be hereafter devised, for the protection of the investor and co nsumer. No permits under - The Federal Power Commission is hereby directed not to issue Water Po wer Act af- fecting Colorado River, or ap prove any per mits or licens es under said Federal Wate r Power etc ., in States of Colo- rado River compact, to Act upon or affecting the Colorado River or any of its tributaries, be issued until the Act v becomes effective, except the Gila River, in the States of Colorado, Wyoming, Utah, Ante, p. 1058. New Mexico, Nevada, Arizona, and California until this Act shall become effective as provided in section 4 herein. Title to canal ' stal l after repayment of all SEC. 7. That the Secretary of the Interior may, in his discretion, Governme nt advances, when repayments to the United States of all money advanced, with etc ., may be transferred to districts havin g cap- interest, reimbursable hereunder, shall have been made, transfer the ital invested therein, title to said canal and appurtenant structures, except the Laguna Dam and t he mai n cana l and appur tenant stru ctures down to and including Syphon Drop, to the districts or other agencies of the United States having a beneficial interest therein in proportion to Utilization of power their respective capital investments under such form of organization poss ibili ties by the as may be acceptable to him. The said districts or other agencies districts, shal l have the pr ivilege at any time of util izing b y cont ract or other- wise such power possibilities as may exist upon said canal, in propor- tion to thei r resp ective contrib utions or obl igation s towa rd the capital cost of said canal and appurtenant structures from and including the diversion works to the point where each respective power plant rower proceeds pay may be located. The net proceeds from any power development on able into the fund, etc, said canal shall be paid into the fund and credited to said districts or ot her age ncies on thei r said contra cts, in propor tion t o their rights to develop power, until the districts or other agencies using said canal sha ll have paid t hereby and un der any contr act or otherwi se an amount of money equivalent to the operation and maintenance Colorado River com- expense and cost of construction thereof. pact to control all users SEC. 8. (a) The United States, its permittees, licensees, and con- of water, etc. tractees, and all users and appropriators of water stored, diverted, carried, and/or distributed by the reservoir, canals, and other works herein authorized, shall observe and be subject to and controlled by said Colorado River compact in the construction, management, and operation of said reservoir, canals, and other works and the storage, diversion, delivery, and use of water for the generation of power, irrigation, and other purposes, anything in this Act to the contrary notwithstanding, and all permits, licenses, and contracts shall so provide. Use of water, subject (b) Also the United States in constructing, managing, and o h er- to compact between Arizona, Ca lif orn ia, ating the dam, reservoir, canals, and other works herein authorized, and Nevad a, as to water accruing to the including the appropriation, delivery, and use of water for the state s su bsid iary to generation of power, irrigation, or other uses, and all users of water Colorado Ri ver com- t~ pact. thus delivered and all users and appropriators of waters stored by said reservoir and/or carried by said canal, including all permittees and licensees of the United States or any of its agencies, shall observe and be subje ct to and con trolled, anyt hing to the co ntrary herein notwithstanding, by the terms of such compact, if any, between the States of Arizona, California, and Nevada, or any two thereof, for the equitable division of the benefits, including power, arising from

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