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MARVIN MANDEL, Governor 1107
THE BASIN, AND FOR THE DETERMINATION OF PROJECT
PRIORITIES, PURSUANT TO THE REQUIREMENTS OF THE
COMPREHENSIVE PLAN AND ITS WATER RESOURCES PROGRAM.
THE COMMISSION SHALL DEVELOP EQUITABLE COST SHARING
AND REIMBURSEMENT FORMULAS FOR THE SIGNATORY PARTIES
INCLUDING:
1. UNIFORM AND CONSISTENT PROCEDURES FOR THE
ALLOCATION OF PROJECT COSTS AMONG PURPOSES INCLUDED IN
MULTIPLE—PURPOSE PROGRAMS;
2. CONTRACTS AND ARRANGEMENTS FOR SHARING
FINANCIAL RESPONSIBILITY AMONG AND WITH SIGNATORY
PARTIES, PUBLIC BODIES, GROUPS, AND PRIVATE
ENTERPRISE, AND FOR THE SUPERVISION OF THEIR
PERFORMANCE;
3. ESTABLISHMENT AND SUPERVISION OF A SYSTEM OF
ACCOUNTS FOR REIMBURSEMENT PURPOSES AND DIRECTING THE
PAYMENTS AND CHARGES TO BE MADE FROM SUCH ACCOUNTS;
4. DETERMINING THE BASIS AND APPORTIONING
AMOUNTS (i) OF REIMBURSABLE REVENUES TO BE PAID
SIGNATORY PARTIES OR THEIR POLITICAL SUBDIVISIONS, AND
(ii) OF PAYMENTS IN LIEU OF TAXES TO ANY OF THEM.
12.5. COOPERATIVE SERVICES. —THE COMMISSION
SHALL FURNISH TECHNICAL SERVICES, ADVICE, AND
CONSULTATION TO AUTHORIZED AGENCIES OF THE SIGNATORY
PARTIES WITH RESPECT TO THE WATER RESOURCES OF THE
BASIN, AND EACH OF THE SIGNATORY PARTIES PLEDGES
ITSELF TO PROVIDE TECHNICAL AND ADMINISTRATIVE SERVICE
TO THE COMMISSION UPON REQUEST, WITHIN THE LIMITS OF
AVAILABLE APPROPRIATIONS, AND TO COOPERATE GENERALLY
WITH THE COMMISSION FOR THE PURPOSES OF THIS COMPACT,
AND THE COST OF SUCH SERVICE MAY BE REIMBURSABLE
WHENEVER THE PARTIES DEEM APPROPRIATE.
ARTICLE 13
CAPITAL FINANCING
13.1. BORROWING POWER. —THE COMMISSION MAY
BORROW MONEY FOR ANY OF THE PURPOSES OF THIS COMPACT
AND MAY ISSUE ITS NEGOTIABLE BONDS AND OTHER EVIDENCES
OF INDEBTEDNESS IN RESPECT THERETO.
ALL SUCH BONDS AND EVIDENCES OF INDEBTEDNESS
SHALL BE PAYABLE SOLELY OUT OF THE PROPERTIES AND
REVENUES OF THE COMMISSION WITHOUT RECOURSE TO
TAXATION. THE BONDS AND OTHER OBLIGATIONS OF THE
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