Page:United States Statutes at Large Volume 86.djvu/1011

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[86 STAT. 969]
PUBLIC LAW 92-000—MMMM. DD, 1972
[86 STAT. 969]

86 STAT. ]

PUBLIC LAW 92-514-OCT. 20, 1972

969

Fish and wildSEC. 402. The conservation and development of the fish and wildlife life resources. resources and the enhancement of recreation opportunities in connection with the O'Neill unit shall be in accordance with provisions of 16 USC 460Z-12 the Federal Water Project Recreation Act (79 Stat. 213). SEC. 403. The O'Neill unit shall be integrated physically and note. financially with the other Federal works constructed under the comprehensive plan approved by section 9 of the Flood Control Act of Decem58 Stat. 891; ber 22, 1944, as amended and supplemented. 84 Stat. 75. SEC. 404. The interest rate used for purposes of computing interest Interest rate. during construction and interest on the unpaid balance of the capital costs allocated to interest-bearing features of the project shall be determined by the Secretary of the Treasury, as of the beginning of the fiscal year in which construction is initiated, on the basis of the computed average interest rate payable to the Treasury upon its outstanding marketable public obligations, which are neither due nor callable for redemption for fifteen years from date of issue. Water use, SEC. 405. For a period of ten years from the date of enactment of restriction. this Act, no water from the project authorized by this Act shall be delivered to any water user for the production on newly irrigated lands of any basic agricultural commodity, as defined in the Agricultural Act of 1949 (63 Stat. 1051; 7 U.S.C. 1421 note), or any amendment thereof, if the total supply of such commodity for the marketing year in which the bulk of the crop would normally be marketed is in excess of the normal supply as defined in section 301(b) (10) of the Agricultural Adjustment Act of 1938 (62 Stat. 1251; 7 U.S.C. 1301), as amended, unless the Secretary of Agriculture calls for an increase 68 Stat. 902. in production of such commodity in the interest of national security. SEC. 406. There is hereby authorized to be appropriated for construc- Appropriation. tion of the O'Neill unit as authorized in this Act the sum of $113,300,000 (based upon January 1972 prices), plus or minus such amounts, if any, as may be justified by reason of ordinary fluctuations in construction involved herein. There are also authorized to be appropriated such additional sums as may be required for operation and maintenance of the unit. TITLE V NORTH LOUP DIVISION, PICK-SLOAN MISSOURI BASIN PROGRAM, NEBRASKA

SEC. 501. The North Loup division heretofore authorized as an integral part of the Missouri River Basin project by section 9 of the Flood Control Act of December 22, 1944, as amended and supplemented, is hereby reauthorized as a unit of that project for the purposes of providing irrigation water for fifty-three thousand acres of land, enhancement of outdoor recreation opportunities, conservation and development of fish and wildlife resources, and for other purposes. The principal features of the North Loup division shall include Calamus and Davis Creek Dams and Reservoirs, Kent diversion works; irrigation canals; pumping facilities; associated irrigation distribution and drainage works; facilities for public outdoor recreation and fish and wildlife developments; and other necessary works and facilities to effect its purposes. SEC. 502. The interest rate used for purposes of computing interest during construction and interest on the unpaid balance of the capital costs allocated to interest-bearing features of the project shall be determined by the Secretary of the Treasury, as of the beginning of the fiscal year in which construction is initiated, on the basis of the computed average interest rate payable by the Treasury upon its

Reauthorization..

Interest rate.