SANTA CRUZ HARBOR, CALIFORNIA.

SEC. 3035. SANTA CRUZ HARBOR, CALIFORNIA. The project for navigation, Santa Cruz Harbor, California, authorized by section 101 of the River and Harbor Act of 1958 (72 Stat. 300) and modified by section 809 of the Water Resources Development Act of 1986 (100 Stat. 4168) and section 526 of the Water Resources Development Act of 1999 (113 Stat. 346), is modified to direct the Secretary— (1) to renegotiate the memorandum of agreement with the non-Federal interest to increase the annual payment to reflect the updated cost of operation and maintenance that is the Federal and non-Federal share as provided by law based on the project purpose; and (2) to revise the memorandum of agreement to include terms that revise such payments for inflation.