To treat certain payments made by Edmond, Oklahoma, as satisfying its obligations under the water storage control for Lake Arcadia, Oklahoma, and for other purposes.

Provides that payments made by Edmond, Oklahoma, to the Secretary of the Army in October 1999 of costs associated with water storage at Arcadia Lake, Oklahoma, under a specified contract shall satisfy the city's obligations for such costs.

Terminates certain reversionary interests and use restrictions relating to public parks and recreation on land conveyed by the Secretary to Oklahoma at Lake Texoma. Directs the Secretary to execute and file an appropriate instrument to release each such interest and restriction.

[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1502 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 1502

 To treat certain payments made by Edmond, Oklahoma, as satisfying its 
obligations under the water storage control for Lake Arcadia, Oklahoma, 
                        and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 13, 2007

   Ms. Fallin (for herself and Mr. Cole of Oklahoma) introduced the 
 following bill; which was referred to the Committee on Transportation 
                           and Infrastructure

_______________________________________________________________________

                                 A BILL


 
 To treat certain payments made by Edmond, Oklahoma, as satisfying its 
obligations under the water storage control for Lake Arcadia, Oklahoma, 
                        and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. ARCADIA LAKE, OKLAHOMA.

    Payments made by the city of Edmond, Oklahoma, to the Secretary of 
the Army in October 1999 of costs associated with present and future 
water storage at Arcadia Lake, Oklahoma, under Arcadia Lake Water 
Storage Contract Number DACW56-79-C-0072 shall satisfy the obligations 
of the city under that contract for such costs, including accrued 
interest.

SEC. 2. OKLAHOMA LAKE DEMONSTRATION, OKLAHOMA.

    (a) Release of Retained Rights, Interests, and Reservations.--Each 
reversionary interest and use restriction relating to public parks and 
recreation on the land conveyed by the Secretary of the Army to the 
State of Oklahoma at Lake Texoma pursuant to the Act entitled ``An Act 
to authorize the sale of certain lands to the State of Oklahoma'' (67 
Stat. 63) is terminated.
    (b) Instrument of Release.--As soon as practicable after the date 
of enactment of this Act, the Secretary shall execute and file in the 
appropriate office a deed of release, an amended deed, or another 
appropriate instrument to release each interest and use restriction 
described in subsection (a).
                                 <all>