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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Oct 3, 2000.
Directs the Secretary of the Interior to convey the North Poudre Supply Canal and Diversion Works, the Charles Hansen (Supply) Canal and Windsor Extension, and the Dixon Feeder Canal, all of which are facilities of the Colorado-Big Thompson Project located in Larimer County, Colorado, to the Northern Colorado Water Conservancy District.Requires the Secretary to accept specified payments from the District and from the power customers as consideration. Provides that specified receipts from the sale of power from the Loveland Area Projects collected by the Western Area Power Administration and deposited into the Reclamation fund of the Treasury in FY 2001 shall be treated as full and complete payment by such customers of such consideration and as repayment by them of all aid to irrigation associated with such facilities. Provides for the amount paid by the District to be credited toward repayment of capital costs of the Project in an amount equal to the associated undiscounted obligation for repayment of such capital costs.
