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DRAFT 3 <br /> CONTRACT BETWEEN THE STATE OF NORTH CAROLINA <br /> AND <br /> Co vNTY OF FOR <br /> WATER SUPPLY STORAGE IN B. EVERETT JORDAN LAKE <br /> This contract, entered into this day of , <br /> by and between the STATE OF NORTH CAROLINA (hereinafter called <br /> the "State" ) andc Cea�t4 0 ! 6rj-t . <br /> 0 <br /> (hereinafter called the "Allocation Holder" ) ; <br /> WITNESSETH THAT: <br /> WHEREAS, the Flood Control Act of 1963 (Public Law 88-253 , <br /> 88th Congress) , authorized the construction, operation, and " <br /> maintenance of the B. Everett Jordan Dam and Lake project on Haw <br /> River and New Hope River, North Carolina, (hereinafter called the <br /> "Project" ) ; and <br /> WHEREAS, the State has contracted with the United States of <br /> America (hereinafter called the "Government" ) for the use of <br /> storage included in the Project for municipal and industrial <br /> water supply, and for payment of the cost thereof in accordance <br /> with the provisions of the Water Supply Act of 1958 , as amended; <br /> and <br /> WHEREAS, the State through the Environmental Management <br /> Commission (hereinafter called the "Commission" ) is authorized by <br />