Public Law 86–404

That the contract between the United States and the Conejos Water Conservancy District, Colorado, dated June 3, 1958, which provides, among other things, for a variable repayment plan based upon the availability of water for use on project lands within the district, is approved and its execution on behalf of the United States by the representative of the Secretary of the Interior is hereby ratified. The Secretary may reduce the amount required in said contract to be maintained in the operation and maintenance reserve fund to not less than $20,000, in which event the amount of any necessary annual deposits to such fund shall not exceed $2,000.