Marvin Mandel, Governor                           73

14.02. Project Costs and Evaluation Standards.—The Commis-
sion may:

(a)  Establish standards and procedures for the evaluation, deter-
mination of benefits, and allocation of costs of projects affecting
the water resources of the basin;

(b)  Develop equitable cost sharing and reimbursement formulas
for the signatories;

(c)  Develop procedures for the allocation of project costs among
purposes included in 'multiple-purpose programs;

(d)  Develop contracts and arrangements for sharing financial
responsibility among and with persons and governmental agencies
and for the supervision of their performance;

(e)  Establish and supervise a system of accounts for reimburs-
able purposes and direct the payments and charges to be made from
and to such accounts;

(f)  Determine the bases and apportion the amounts of reimburs-
able revenues to be paid persons and governmental agencies; and
may from time to time modify or amend any of the foregoing.

14.03 Cost Sharing.—(a) The signatories will provide such cap-
ital funds required for projects of the Commission as may be
authorized by their respective laws in accordance with a cost-
sharing plan prepared pursuant to Section 14.02 of this compact;
but nothing in this section shall be deemed to impose any mandatory
obligation on any signatory other than such obligations as may be
assumed by a signatory in connection with a specific project or
facility.

(b) Whenever the Commission finds that a person or govern-
mental agency has undertaken or will undertake a project which
will benefit any other person or governmental agency, the Commis-
sion may develop a cost-sharing formula and contract to receive
agreed shares of the cost of such project from those to be benefitted
and to pay the same in the manner agreed upon. Every governmental
agency is hereby authorized to contract with, and make payments to,
the Commission pursuant to this subsection. Without regard to bene-
fit received, the Commission may contribute to the payment of the
cost of any such project, but the Commission may contract to pay
such contribution only in such amount as may have been included in
cm annual capital budget adopted by the Commission.

14.04.    Project Cost Assessments.—In accordance with provisions
of applicable state laws, the Commission may defray all or part of
the costs of its water management and flow regulation projects, or
such projects of others to the extent of the Commission's financial
obligation therefor, by making on an equitable basis special assess-
ments upon properties specially benefitted thereby, or upon persons
and governmental agencies specially benefitted thereby. Any such
assessment shall be imposed and collected in accordance with the
procedure prescribed by law for local improvement assessments and
shall be subject to judicial review in any court of competent juris-
diction in the signatory state where such assessment was made.

14.05.    Governmental Appropriations, Loans and Grants.—Every
governmental agency may make to the Commission, and the Com-