Page:United States Statutes at Large Volume 110 Part 5.djvu/313

This page needs to be proofread.

PUBLIC LAW 104-286—OCT. 11, 1996 110 STAT. 3387 Public Law 104-286 104th Congress An Act To amend the Central Utah Project Completion Act to direct the Secretary of the Interior to allow for prepayment of repasmaent contracts between the United Oct. 11, 1996 States and the Central Utah Water Conservancy District dated December 28, [HR 1823] 1965, and November 26, 1985, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. PREPAYMENT OF CERTAD^ REPAYMENT CONTRACTS BETWEEN THE UNITED STATES AND THE CENTRAL UTAH WATER CONSERVANCY DISTRICT. Section 210 of the Central Utah Project Completion Act (106 Stat. 4624) is amended by striking the second sentence and inserting the following: "The Secretary shall allow for prepayment of the repayment contract between the United States and the Central Utah Water Conservancy District dated December 28, 1965, and supplemented on November 26, 1985, providing for repayment of municipal and industrial water delivery facilities for which repay- ment is provided pursuant to such contract, under terms and conditions similar to those contained in the supplemental contract that provided for the prepayment of the Jordan Aqueduct dated October 28, 1993. The prepa3maient may be provided in several installments to reflect substantial completion of the delivery facilities being prepaid and may not be adjusted on the basis of the t)rpe of prepayment financing utilized by the District. The District shall exercise its right to prepayment pursuant to this section by the end of fisc£d year 2002. Nothing in this section authorizes or terminates the authority to use tax exempt bond financing for this prepayment.". Approved October 11, 1996. LEGISLATIVE HISTORY—H.R. 1823: HOUSE REPORTS: No. 104-531 (Comm. on Resources). SENATE REPORTS: No. 104-300 (Comm. on Energy and Natural Resources). CONGRESSIONAL RECORD, Vol. 142 (1996): Apr. 30, considered and passed House. Sept. 28, considered and passed Senate.