[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3687 Introduced in House (IH)]







105th CONGRESS
  2d Session
                                H. R. 3687

   To authorize prepayment of amounts due under a water reclamation 
        project contract for the Canadian River Project, Texas.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 1, 1998

Mr. Thornberry introduced the following bill; which was referred to the 
                         Committee on Resources

_______________________________________________________________________

                                 A BILL


 
   To authorize prepayment of amounts due under a water reclamation 
        project contract for the Canadian River Project, Texas.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PREPAYMENT OF CONTRACT FOR CANADIAN RIVER PROJECT, TEXAS.

    (a) Prepayment Authorized.--Prepayment of the amount due under 
Bureau of Reclamation contract number 14-06-500-485 for the Canadian 
River Project, Texas, may be made by tender of an appropriate 
discounted present value amount, as determined by the Secretary of the 
Interior.
    (b) Conveyance.--Upon payment of the amount determined by the 
Secretary of the Interior under subsection (a), the Secretary shall 
convey to the Canadian River Municipal Water Authority all right, 
title, and interest of the United States in and to the project pipeline 
and related facilities authorized by Public Law 81-898 and Bureau of 
Reclamation contract number 14-06-500-485, including the headquarters 
facilities of the Authority.
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