Page:United States Statutes at Large Volume 71.djvu/60

 24

PUBLIC LAW 85-23-APR. 23, 1957

[71 S T A T.

shall also send such notice to the treasurer of the State of Kew Hampshir •. "The Commonwealth of Massachusetts on receipt of such formal notification by the commission shall pay its share of such economic losses or damages to the State of New Hampshire. Full payment by the Commonwealth of Massachusetts of the sum specified in such formal notification from the commission as to the amount of economic losses and damages for which the Commonwealth of Massachusetts is to make reimbursement shall be a complete and final discharge of all liability by the Commonwealth of Massachusetts to the State of New Hampshire for economic losses and damages for each flood control dam and reservoir within the said state designated in such formal notification. The State of New Hampshire shall have full responsibility for distributing or expending all such sums received and no agency, political subdivision, private person, partnership, firm, association or corporation shall have any claim against the Commonwealth of Massachusetts nor against the commission relative to such economic losses and damages. "The State of New Hampshire may, in agreement with the commission and the chief of engineers, acquire title or option to acquire title to any or all lands, rights or other property required for any flood control dam and reservoir within its boundaries and transfer such titles or options to the United States. Whenever the fair cost to said state for such titles or options, as determined by the commission, is greater than the amount received therefor from the United States, the Commonwealth of Massachusetts shall pay its share of such excess cost to said State of New Hampshire, such share to be determined by the commission in accordance with procedure herein contained for determining reimbursement for economic losses and damages. "Whenever the Commission shall not agree, within a reasonable time or within sixty days after a formal request from the governor of the State of NeAV Hampshire or the Commonwealth of Massachusetts, concerning reimbursement for loss of taxes or for economic losses and damages at any flood control dam and reservoir heretofore or hereafter constructed by the United States in the Merrimack river valley, or concerning the extent, if any, to which reimbursement shall be made for additional loss of taxes and for additional economic losses and damages caused by construction, reconstruction, alteration or use of any such dam for purposes other than flood control, the governor of each signatory state shall designate a person from his state as a member of a board of arbitration, hereinafter called the board, and the members so designated shall choose one additional member who shall be chairman of such board. Whenever the members appointed by the governors to such board shall not agree within sixty days on such additional member of the board, the governors of such signatory states^hall jointly designate the additional member. The board shall by majority vote decide the question referred to it and shall do so in accordance with the provisions of this compact concerning such reimbursement. The decision of the board on each question referred to it concerning reimbursement for loss of taxes and for economic losses and damages shall be binding on the commission and on each signatory state, notwithstanding any other provision of this compact. u ARTICLE VI.

"Nothing contained in this compact shall be construed as a limitation upon the authority of the United States.

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