Page:United States Statutes at Large Volume 58 Part 1.djvu/927

 58 STAT.] 78TH CONG. , 2D SESS.-CHS. 665, 666 -DEC. 22, 1944 SEC. 14. That the balance remaining from the authorization of $10,000,000 provided in section 7 of the Flood Control Act approved June 28, 1938, for the five-year period ending June 30, 1944, to cor- relate the program for the improvement of watersheds by the Depart- ment of Agriculture for measures of run-off and waterflow retarda- tion and soil-erosion prevention on the watersheds with the program for the improvement of rivers and other waterways by the Depart- ment of War is hereby reauthorized to be expended during the post- war period by the Department of Agriculture for the prosecution of the work authorized in section 13 of this Act: Provided, That not more than 20 per centum of the authorization made available herein shall be expended on any one project. SEC. 15. That section 7 of the Act of June 28, 1938 (Public, Num- bered 761, Seventy-fifth Congress), is hereby amended by adding at the end of the first sentence thereof the following: "The Secretary of Agriculture is hereby authorized in his discretion to undertake such emergency measures for run-off retardation and soil-erosion pre- vention as may be needed to safeguard lives and property from floods and the products of erosion on any watershed whenever fire or any other natural element or force has caused a sudden impairment of that watershed: Provided, That not to exceed $100,000 out of any funds heretofore or hereafter appropriated for the prosecution by the Secretary of Agriculture of works of improvement or measures for run-off and waterflow retardation and soil-erosion prevention on water- sheds may be expended during any one fiscal year for such emergency measures." Approved December 22, 1944. [CHAPTER 666] AN ACT 907 Reauthorization of funds. 52 Stat. 1225. 52 Stat. 1225. Emergency work by Department of Agri- culture. Limitation. December 22, 1944 To amend the Act of Congress approved May 20, 1935, entitled "An Act con- [H. R. 45021 cerning the incorporated town of Seward, Territory of Alaska", as amended. [Public Law 535] Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Act of Congress approved May 20, 1935 (49 Stat. 282), entitled "An Act con- cerning the incorporated town of Seward, Territory of Alaska", as amended by the Act of Congress approved June 21, 1941 (55 Stat. 253), is hereby amended by inserting after section 6 thereof the following new section: "SEC. 7 . The town of Seward is hereby authorized at any time or times to construct, purchase, or otherwise acquire improvements, bet- terments, or extensions to any electric or other utility properties owned or to be owned by the town of Seward pursuant to this or any other section of this Act, and shall be authorized to issue its revenue bonds to finance in whole or in part the cost of said improve- ments, betterments, or extensions (including the cost of integrating the systems which may be acquired under section 6 of this Act with the properties theretofore owned and the cost of integrating any other newly acquired properties with those theretofore owned), which bonds may be made payable and be secured in the same manner as other revenue bonds authorized to be issued pursuant to any other sec- tions of this Act, and shall be issued in compliance with other bond provisions contained in this Act, so far as applicable. The issuance of bonds for the purpose or purposes provided in this section may be combined and consolidated with the issuance of any other bonds elsewhere authorized in this or any other section of this Act to be issued for any other purpose or purposes, all of which bonds shall in Seward, Alaska. Acquisition of Im- provements or exten- sions to utility prop- erties. Issuance of revenue bonds. Consolidation of bond issues.

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