Mitigation Fund. This approach consists of utilizing a Mitigation Fund to be used after efforts to avoid or minimize adverse effects have been exhausted; the Mitigation Fund would not be used in lieu of avoidance or minimization measures. The Mitigation Fund may be property-specific or be of a scale to resolve adverse effects across multiple properties with a single mitigative activity. A lessee may work with BOEM, SHPOs, Tribes, and consulting parties during the Section 106 process to determine if this approach is applicable and to develop the process for implementation and specific uses of the fund. APPENDIX V – MEMORANDUM OF AGREEMENT TEMPLATE APPENDIX V PROGRAMMATIC AGREEMENT Among The U.S. Department of the Interior, Bureau of Ocean Energy Management; The State Historic Preservation Officers of Delaware, Maryland, and Virginia; The Advisory Council on Historic Preservation Regarding Review of Outer Continental Shelf Renewable Energy Activities Offshore Delaware, Maryland, and Virginia Under Section 106 of the National Historic Preservation Act MEMORANDUM OF AGREEMENT TEMPLATE This appendix provides an example of the contents for a Memorandum of Agreement (MOA) that may be developed to resolve adverse effects for offshore wind projects. The sample stipulations are examples and may not account for all effects on all types of historic properties. All project-specific MOAs will be developed through consultation. MEMORANDUM OF AGREEMENT AMONG THE BUREAU OF OCEAN ENERGY MANAGEMENT, THE [STATE] STATE HISTORIC PRESERVATION OFFICER, AND THE ADVISORY COUNCIL ON HISTORIC PRESERVATION REGARDING THE [PROJECT]
Mitigation Fund. Twenty-five percent (25%) of the Overall Maximum Savings in Year 1 shall be allocated as the Mitigation Fund. Maximum Overall Savings is defined as the difference between the FY19 Overall Budget for the in force plan design medical insurance (City Side and Employee Side) and the FY 19 Overall Budget for the proposed plan design medical insurance (City Side and Employee Side). The calculation of the Overall Budgets will be based upon the plan selections made by the Active Enrollees and Early Retirees in Non-Medicare Eligible plans as of July 1, 2018, the contribution percentages in force as of July 1, 2018, and the FY19 rates as quoted by the Massachusetts Interlocal Insurance Association. It is presently estimated that the amount of the Mitigation Fund will be $1,265,908.
Mitigation Fund. Without limiting the obligations imposed by Section 3.1, the Port further agrees that it will include within the scope of its agreement with the cruise terminal operator a fund of not less than two hundred fifty thousand dollars ($250,000.00) for mitigation measures specifically requested by the Port to either: (I) permit Event Activities to occur in the Xxxx Street Cruise Terminal Lease Area notwithstanding the redevelopment of the Xxxx Street Cruise Terminal or (ii) reduce the impact of the redevelopment on the adjoining Xxxx Harbor International Conference Center. The Port agrees that it will reasonably consult with Manager regarding the application of the mitigation fund in an attempt to maximize the benefit to the Facility and Manager’s operations from these funds. Amounts spent from the mitigation fund shall not, however, be an Operating Expense.
Mitigation Fund. Before the Tribe begins construction of the proposed off-site storm drainage facility, it will establish an escrow account in which it will deposit the money to pay for projected mitigation associated with the storm water facilities. This amount will be equivalent to that which would be required of a private developer seeking to construct the same improvement. Once all improvements are made and mitigation measures fully implemented, should the project be approved following CEQA compliance, any unused or residual funds will be returned to the Tribe.
Mitigation Fund. The Program Administrator will oversee the Mitigation Fund, which will cover unpaid rent and damages by tenants housed under this program up to $2,000 per household. The Mitigation Fund will also provide financial incentives for Landlords that allocate property to the program. Eligible costs include1: Holding fee of up to one month of rent to cover time for property inspection, etc. Unpaid back rent owed by the tenant. Reimbursement for repairs made to the unit due to damage caused by the tenant. Court fees and court costs associated with a summary process action or other action to enforce Landlord’s rights under the lease agreement. Court and storage fees associated with levying on an execution for Possession. An insurance deductible for covered damages. The following costs or losses are not included: Normal wear and tear (See Appendix I). Normal turnover costs.
Mitigation Fund. PacifiCorp shall establish a Mitigation Fund, prior to making the first deposit under Section 19.3.3, to be administered by the USDA-FS for the purpose of offsetting adverse impacts to aquatic, terrestrial, and other natural resources caused by the Project and not otherwise mitigated for in Sections 4 through 18 of this Agreement. The Fund will be used to mitigate or compensate for Project impacts to wetlands and stillwater amphibian habitat, riparian and aquatic species connectivity, vegetation management, terrestrial species connectivity, and soil loss and soil productivity resulting in erosion. When deciding how the funds will be expended to address these impacts, the USDA-FS shall consult with the Parties, fully engage the public, and fully consider all public comment throughout the NEPA environmental analysis process for each undertaking. The Mitigation Fund shall be used to implement mitigation and enhancement measures on National Forest System lands and BLM-administered lands within the North Umpqua basin.
Mitigation Fund. The State shall provide and administer funding in the amount of $500,000 to be used as described in Article 9.6. When the fund balance reaches $50,000 or below, the Parties agree to support a request to the New Mexico State Legislature to replenish the fund by at least $500,000. The State assumes no obligation to replenish the funds once the funds are fully expended.
Mitigation Fund
