§ 1778c. — Settlement funds.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC1778c]
TITLE 25--INDIANS
CHAPTER 19--INDIAN LAND CLAIMS SETTLEMENTS
SUBCHAPTER XII--TORRES-MARTINEZ DESERT CAHUILLA INDIANS CLAIMS
SETTLEMENT
Sec. 1778c. Settlement funds
(a) Establishment of tribal and allottees settlement trust funds
accounts
(1) In general
There are established in the Treasury of the United States three
settlement trust fund accounts to be known as the ``Torres-Martinez
Settlement Trust Funds Account'', the ``Torres-Martinez Allottees
Settlement Account I'', and the ``Torres-Martinez Allottees
Settlement Account II'', respectively.
(2) Availability
Amounts held in the Torres-Martinez Settlement Trust Funds
Account, the Torres-Martinez Allottees Settlement Account I, and the
Torres-Martinez Allottees Settlement Account II shall be available
to the Secretary for distribution to the Tribe and affected
allottees in accordance with subsection (c) of this section.
(b) Contributions to the settlement trust funds
(1) In general
Amounts paid to the Secretary for deposit into the trust fund
accounts established by subsection (a) of this section shall be
allocated among and deposited in the trust accounts in the amounts
determined by the tribal-allottee allocation provisions of the
Settlement Agreement.
(2) Cash payments by Coachella Valley Water District
Within the time, in the manner, and upon the conditions
specified in the Settlement Agreement, the Coachella Valley Water
District shall pay the sum of $337,908.41 to the United States for
the benefit of the Tribe and any affected allottees.
(3) Cash payments by Imperial Irrigation District
Within the time, in the manner, and upon the conditions
specified in the Settlement Agreement, the Imperial Irrigation
District shall pay the sum of $3,670,694.33 to the United States for
the benefit of the Tribe and any affected allottees.
(4) Cash payments by the United States
Within the time and upon the conditions specified in the
Settlement Agreement, the United States shall pay into the three
separate tribal and allottee trust fund accounts the total sum of
$10,200,000, of which sum--
(A) $4,200,000 shall be provided from moneys appropriated by
Congress under section 1304 of title 31, the conditions of which
are deemed to have been met, including those of section 2414 of
title 28; and
(B) $6,000,000 shall be provided from moneys appropriated by
Congress for this specific purpose to the Secretary.
(5) Additional payments
In the event that any of the sums described in paragraph (2) or
(3) are not timely paid by the Coachella Valley Water District or
the Imperial Irrigation District, as the case may be, the delinquent
payor shall pay an additional sum equal to 10 percent interest
annually on the amount outstanding daily, compounded yearly on
December 31 of each respective year, until all outstanding amounts
due have been paid in full.
(6) Severally liable for payments
The Coachella Valley Water District, the Imperial Irrigation
District, and the United States shall each be severally liable, but
not jointly liable, for its respective obligation to make the
payments specified by this subsection.
(c) Administration of settlement trust funds
The Secretary shall administer and distribute funds held in the
Torres-Martinez Settlement Trust Funds Account, the Torres-Martinez
Allottees Settlement Account I, and the Torres-Martinez Allottees
Settlement Account II in accordance with the terms and conditions of the
Settlement Agreement.
(Pub. L. 106-568, title VI, Sec. 605, Dec. 27, 2000, 114 Stat. 2908.)
Effective Date
Section effective on date on which the Secretary determines that
certain conditions with respect to the Settlement Agreement and
provisions of title VI of Pub. L. 106-568 have been met, see section
611(b) of Pub. L. 106-568, set out as a note under section 1778 of this
title.
