54 STAT.] 76TH CONG. , 3D SESS.- CHS. 861, 862-OCT. 14, 1940 in the facilities provided for such municipal or miscellaneous water supplies or surplus power and the revenues derived therefrom shall be and remain in the United States. Contracts for such municipal or miscellaneous water supplies or for such surplus power shall be at such rates as, in the Secretary's judgment, will produce revenues at least sufficient to cover the appropriate share of the annual opera- tion and maintenance cost of the project and such fixed charges, including interest, as the Secretary deems proper. Contracts for the sale of surplus power shall be for periods not to exceed forty years and contracts for water supply for municipal or miscellaneous purposes shall be for such periods as the Secretary may determine and may include such renewal options as the Secretary deems desirable: And provided further, That in sales or leases of such power, preference shall be given to municipalities and other public corporations or agencies; and also to cooperatives and other non- profit organizations financed in whole or in part by loans made pursuant to the Rural Electrification Act of 1936 and any amend- ments thereof. "SEC. 10. (a) In connection with any project constructed pur- suant to the provisions of this Act, the Secretary shall have the same authority, with regard to the utilization of lands owned by the United States, other than lands acquired under section 5 as he has in connection with projects undertaken pursuant to the Federal reclama- tion laws, Act of June 17, 1902 (32 Stat. 388), and Acts amendatory thereof or supplementary thereto. "(b) In connection with the construction or operation and main- tenance of a project undertaken pursuant to the authority of this Act, the Secretary shall have with respect to construction and sup- ply contracts, and with respect to the acquisition, exchange, and disposition of lands interest in lands, water rights, and other prop- erty and the relocation thereof, the same authority, ncluding author- ity to acquire lands and interests in land and water rights with titles and at prices satisfactory to him, which he has in connection with projects under the Federal reclamation laws. "SEC. 11. The Secretary of the Interior and the Secretary of Agri- culture are hereby authorized to perform any and all Acts and to make such rules and regulations as may be necessary and proper for the purpose of carrying out their respective functions under this Act and for the purpose of carrying the provisions of this Act into full force and effect. "SEC. 12. To carry out the purposes of this Act there is hereby authorized to be appropriated, out of any money in the Treasury not otherwise appropriated (1) for the Department of the Interior such sums as may be necessary to carry out its functions under this Act. and (2) for the Department of Agriculture such sums as may be necessary to carry out its functions under this Act." Approved, October 14, 1940. [CHAPTER 862] AN ACT To expedite the provision of housing m connection with national defense, 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. In order to provide housing for persons engaged in national-defense activities, and their families, in those areas or locali- ties in which the President shall find that an acute shortage of hous- ing exists or impends which would impede national-defense activities 1125 Rates. Duration of con- tracts. Preference in sales or leases. 49 Stat. 1363 . 7U.S.C., Supp.V, §s 901-914 . Authority of Secre- tary to utilize Federal lands. 4SU. .C., ch.12; Supp. V, ch. 12. Authority to ac- quire lands, etc. Administrative pro- visions. Apropriations au- thorizoed. Ootober 14, 1940 [H. R. 10412] [Public, No. 849] National defense housiBg. Authority of Fed- eral Works Adminis- trator. Ante, pp. 681, 1116.