33 U.S.C. § 2291 : US Code - Section 2291: Federal Project Repayment District

Search 33 U.S.C. § 2291 : US Code - Section 2291: Federal Project Repayment District

(a) The Secretary may enter into a contract providing for the
payment or recovery of an appropriate share of the costs of a
project under his responsibility with a Federal Project Repayment
District or other political subdivision of a State prior to the
construction, operation, improvement, or financing of such project.
The Federal Project Repayment District shall include lands and
improvements which receive identifiable benefits from the
construction or operation of such project. Such districts shall be
established in accordance with State law, shall have specific
boundaries which may be changed from time to time based upon
further evaluations of benefits, and shall have the power to
recover benefits through any cost-recovery approach that is
consistent with State law and satisfies the applicable cost-
recovery requirement under subsection (b) of this section.
(b) Prior to execution of an agreement pursuant to subsection (a)
of this section, the Secretary shall require and approve a study
from the State or political subdivision demonstrating that the
revenues to be derived from a contract under this section, or an
agreement with a Federal Project Repayment District, will be
sufficient to equal or exceed the cost recovery requirements over
the term of repayment required by Federal law.