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16 U.S.C. § 2704 — Loan rates and repayment

Federal law — U.S. Code and appendices · legal_authorities

16 U.S.C. § 2704 — Loan rates and repayment

**(a) Interest** Each loan made pursuant to this chapter shall bear interest at the discount or interest rate used at the time the loan is made for water resources planning projects under [section 1962d–17 of title 42](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1962d–17&num=0&edition=prelim). Each such loan shall be for such term, as the Secretary deems appropriate, but not in excess of— (1) 10 years (in the case of a loan under [section 2702 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section2702&num=0&edition=prelim)) or (2) 30 years (in the case of a loan under [section 2703 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section2703&num=0&edition=prelim)). **(b) Repayments** Amounts repaid on loans made pursuant to this chapter shall be deposited into the United States Treasury as miscellaneous receipts.

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Source location: Title 16, Chapter 47, § 2704; chapter-047-small-hydroelectric-power-projects.md

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Federal law — U.S. Code and appendices · legal_authorities

16 U.S.C. § 2702 — Loans for feasibility studies

**(a) Loan authority** The Secretary, after consultation with the Commission, is authorized to make a loan to any municipality, electric cooperative, industrial development agency, nonprofit organization, or other person to assist such person in defraying up to 90 percent of the costs of— (1) studies to determine the feasibility of undertaking a small hydroelectric power project at an existing dam or dams and (2) preparing any application for a necessary license or other Federal, State, and local approval respecting such a project at an existing dam or dams and of participating in any administrative proceeding regarding any such application. **(b) Cancellation** The Secretary may cancel the unpaid balance and any accrued interest on any loan granted pursuant to this section if he determines on the basis of the study that the small hydroelectric power project would not be technically or economically feasible.

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Federal law — U.S. Code and appendices · legal_authorities

16 U.S.C. § 2703 — Loans for project costs

**(a) Authority** The Secretary is authorized to make loans to any municipality, electric cooperative, industrial development agency, nonprofit organization, or other person of up to 75 percent of the project costs of a small hydroelectric power project. No such loan may be made unless the Secretary finds that— (1) the project will be constructed in connection with an existing dam or dams, (2) all licenses and other required Federal, State, and local approvals necessary for construction of the project have been issued, (3) the project will have no significant adverse environmental effects, including significant adverse effects on fish and wildlife, on recreational use of water, and on stream flow, and (4) the project will not have a significant adverse effect on any other use of the water used by such project. The Secretary may make a commitment to make a loan under this subsection to an applicant who has not met the requirements of paragraph (2), pending compliance by such applicant with such requirements. Such commitment shall be for period 11 So in original. Probably should be “for a period”. of not to exceed 3 years unless the Secretary, in consultation with the Commission, extends such period for good cause shown. Notwithstanding any such commitment, no such loan shall be made before such person has complied with such requirements. **(b) Preference** The Secretary shall give preference to applicants under this section who do not have available alternative financing which the Secretary deems appropriate to carry out the project and whose projects will provide useful information as to the technical and economic feasibility of— (1) the generation of electric energy by such projects, and (2) the use of energy produced by such projects. **(c) Information** Eve

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 1962d–17 — Dalecarlia Reservoir; delivery of water to metropolitan Maryland; expenses; payments; purchase of water from State or local authorities in Maryland or Virginia

**(a)** The Secretary, on the recommendation of the Chief of Engineers, is authorized to permit the delivery of water from the District of Columbia water system at the Dalecarlia filtration plant, or at other points on the system, to any competent State or local authority in the Washington, District of Columbia, metropolitan area in Maryland. All of the expense of installing the connection or connections and appurtenances between the water supply systems and any subsequent changes therein shall be paid by the requesting entity, which shall also pay such charges for the use of the water as the Secretary may, from time to time in advance of delivery, determine to be reasonable. Payments shall be made at such time, and pursuant to such regulations, as the Secretary prescribes. The Secretary may revoke any permit for the use of water at any time. **(b)** The Secretary is authorized to purchase water from any State or local authority in Maryland or Virginia that has, at the time of purchase, completed a connection with the District of Columbia water system. The Secretary is authorized to pay such charges for the use of the water as the Secretary has agreed upon in advance of delivery.

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Federal law — U.S. Code and appendices · legal_authorities

16 U.S.C. § 2704 — Loan rates and repayment

Page 2215 TITLE 16—CONSERVATION § 2705 1 So in original. Probably should be ‘‘for a period’’. The Secretary may make a commitment to make a loan under this subsection to an appli- cant who has not met the requirements of para- graph (2), pending compliance by such applicant with such requirements. Such commitment shall be for period 1 of not to exceed 3 years unless the Secretary, in consultation with the Commission, extends such period for good cause shown. Not- withstanding any such commitment, no such loan shall be made before such person has com- plied with such requirements. (b) Preference The Secretary shall give preference to appli- cants under this section who do not have avail- able alternative financing which the Secretary deems appropriate to carry out the project and whose projects will provide useful information as to the technical and economic feasibility of— (1) the generation of electric energy by such projects, and (2) the use of energy produced by such projects. (c) Information Every applicant for a license for a small hy- droelectric power project receiving loans pursu- ant to this section shall furnish the Secretary with such information as the Secretary may re- quire regarding equipment and services proposed to be used in the design, construction, and oper- ation of such project. The Secretary shall have the right to forbid the use in such project of any equipment or services he finds inappropriate for such project by reason of cost, performance, or failure to carry out the purposes of this section. The Secretary shall make information which he obtains under this subsection available to the public, other than information described as enti- tled to confidentiality under section 796(d) of title 15. (d) Joint participation

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