Public Law 74–708

That the Act of Congress approved March 7, 1928 (45 Stat. L. 210–212), and Acts amendatory thereof or supplementary thereto, are hereby amended so as to provide that the net revenues from the sale of surplus power developed at the Coolidge Dam and other generating plants of the San Carlos project and transmitted over existing transmission lines shall be devoted, first, to reimbursing the United States for the cost of developing such electrical power; second, to reimbursing the United States for the cost of the San Carlos irrigation project; third, to payment of operation and maintenance charges and the

Provisos.

Use of net power revenues from additional transmission lines.

making of repairs and improvements on said project: Provided, however, That all net power revenues from the sale of power transmitted over such additional transmission lines as may hereafter be constructed by the San Carlos Irrigation and Drainage District for the benefit of the San Carlos project shall first be devoted to the repayment of the construction costs of such additional transmission

Conveyance of additional transmission lines to United States.

lines: Provided further, That the United States and the San Carlos Irrigation District shall enter into an appropriate contract in accordance with the terms of this Act to be approved by the Secretary of the Interior, which contract shall provide that the additional transmission lines hereafter constructed by the district shall, upon

Application of power receipts.

completion of construction, be conveyed to the United States: Provided further, That after reimbursement to the district from such net power revenues of the cost of constructing additional transmission lines the net power revenues received from the sales of power trans-mitted over additional transmission lines hereafter constructed by the district shall be applied as herein provided for the application of net power revenues from the sale of power transmitted over existing transmission lines.