3. Cost of Water to Metropolitan Water District: The Development Fund will bear the difference in cost to the Metropolitan Water District and other users of the cost of water provided through the Pacific Southwest Water Plan and the cost that would have been involved if water had been diverted from the Colorado River. The basic unit cost of Colorado River water to Metropolitan Water District will be based on a 550,000-acre-foot diversion, to which it is entitled under California's 4,400,000-acre-foot share of 7,500,000 acre-feet, rather than its present diversion of about 1,200,000 acre-feet. 4. New Mexico-Arizona Water Exchange Problem: Notwithstanding the lack of present agreement between the States or the water users, it is proposed tha...