110 HR 235 RS: To allow for the renegotiation of the U.S. House of Representatives 0 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II Calendar No. 250 110th CONGRESS 1st Session H. R. 235 [Report No. 110–117] IN THE SENATE OF THE UNITED STATES February 7, 2007 Received; read twice and referred to the Committee on Energy and Natural Resources June 28, 2007 Reported by Mr. Bingaman, without amendment AN ACT To allow for the renegotiation of the payment schedule of contracts between the Secretary of the Interior and the Redwood Valley County Water District, and for other purposes.

1.

Renegotiation of payment schedule

Section 15 of Public Law 100–516 (102 Stat. 2573) is amended as follows: (1)By amending paragraph (2) of subsection (a) to read as follows: (2)If, as of January 1, 2006, the Secretary of the Interior and the Redwood Valley County Water District have not renegotiated the schedule of payment, the District may enter into such additional non-Federal obligations as are necessary to finance procurement of dedicated water rights and improvements necessary to store and convey those rights to provide for the District’s water needs. The Secretary shall reschedule the payments due under loans numbered 14–06–200–8423A and 14–06–200–8423A Amendatory and said payments shall commence when such additional obligations have been financially satisfied by the District. The date of the initial payment owed by the District to the United States shall be regarded as the start of the District’s repayment period and the time upon which any interest shall first be computed and assessed under section 5 of the Small Reclamation Projects Act of 1956 (43 U.S.C. 422a et seq.). . (2)By striking subsection (c).

June 28, 2007 Reported without amendment