Page:United States Statutes at Large Volume 70.djvu/89

 70 S T A T. ]

PUBLIC LAW 424-MAR. 1, 1966

33

(c) Any contract entered into under section 9, subsection (d), of Repayment conthe Reclamation Project Act of 1939 (53 Stat. 1187, 1193, 43 U.S.C. sec. 485 (h)) for payment of those portions of the costs of constructing, ^3 USC 485h. operating, and maintaining the Ventura River project which are allocated to irrigation and assigned to be paid by the contracting organization may provide for the repayment of the portion of the construction cost of the project assigned to any project contract unit or, if the contract unit be divided into two or more irrigation blocks, to any such block over a period of not more than fifty years or as near thereto as is consistent with the adoption and operation of a variable payment fo'-mula which, being based on full repayment within the period stated under normal conditions, permits variance in the required annual payments in the light of economic factors pertinent to the ability of the organization to pay. (d) Notwithstanding any other provision of law to the contrary, nil net revenues derived by the Secretary from the furnishing of water for municipal, domestic, and industrial use shall be applied first to the amortization of that portion of the cost of constructing the Ventura River project which is allocated to that purpose with interest on the unamortized balance thereof at the average rate (which rate shall be certified by the Secretary of the Treasury) paid by the United States on its marketable long-term securities outstanding on the date of this Act and thereafter to the amortization of that portion of the cost of constructing the project which is allocated to irrigation but which is beyond the ability of the irrigation water users or their contracting organization to repay as provided above. (e) The Secretary is authorized, subject to such lules and regulations as he may prescribe, to turn over to any contracting organization or to an organization which is designated by it for that purpose and which is satisfactory to the Secretary the care, operation, and maintenance of such portions of the Ventura River project as are used solely or principally for the benefit of that organization. (f) Minimum basic facilities may be provided for the accommoda- fa^-iaiM" ^®'^'' tion of the visiting public at Casitas Dam and, if responsible local interests agree to assume the oi:)eration and maintenance thereof, at the project reservoirs. The costs of such facilities shall be nonreimbursable. SEC. 3. There is hereby authorized to be appropriated for construe- Appropriauon. tion of the Ventura River project the sum of $27,600,000 plus such amounts, if any, as may be required by reason of changes in construction costs as may be indicated by engineering cost indices applicable to the types of construction involved herein and, in addition thereto, such sums as may be required to operate and maintain the project. Approved March 1, 1956. Public Law 424

CHAPTER 76 ^

^^"^

To authorize the Secretary of the Army to give twenty-five World War II paintings to the Government of New Zealand.

March 1 1956

[H. R. Sioi] ^

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That (a) the Sec- woTi^^^virS***!! retary of the Army is authorized to transfer to the Government of paintings. New Zealand without compensation twenty-five German war paintings depicting Xew Zealand troops which are now the property of the United States in the custody of the Secretary of the Army.

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