[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1823 Enrolled Bill (ENR)]
H.R.1823
One Hundred Fourth Congress
of the
United States of America
AT THE SECOND SESSION
Begun and held at the City of Washington on Wednesday,
the third day of January, one thousand nine hundred and ninety-six
An Act
To amend the Central Utah Project Completion Act to direct the Secretary
of the Interior to allow for prepayment of repayment contracts between
the United States and the Central Utah Water Conservancy District dated
December 28, 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 CERTAIN 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 repayment 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 prepayment 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 type of prepayment financing utilized by the District. The
District shall exercise its right to prepayment pursuant to this
section by the end of fiscal year 2002. Nothing in this section
authorizes or terminates the authority to use tax exempt bond financing
for this prepayment.''.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.