TERMINATION AND CONVEYANCE OF RIGHTS.

SEC. 1003. TERMINATION AND CONVEYANCE OF RIGHTS. Upon receipt of the payment specified in section 1002(b)— (1) the obligation of the District under the loan contract described in section 1002(a)(2) shall terminate; (2) the Secretary of the Interior shall convey all right and interest of the United States in the Stagecoach Reservoir Project to the District; and (3) the District shall absolve the United States, and its officers and agents, of any liability associated with the Stage-coach Reservoir Project.