Common use of Statement of Mutual Benefits Clause in Contracts

Statement of Mutual Benefits. It is the intent of the Parties to establish a Partnership to work together to develop and implement a comprehensive approach for conserving, improving, and creating a healthy riparian ecosystem along the White River that meets the ecological, cultural, socio-economic, and management goals (See Appendix A for Partnership Goals) of the Partnership through: 1. Commitment to Meeting Restoration Goals/Objectives and Maintaining Investment – Ensuring that ongoing consistent active treatment of sites continue until restoration goals/objectives are met so that resources/efforts are not wasted. Once sites satisfy the goals/objectives those sites will be ‘graduated’ to treatment under Maintenance Plan (see below) • Short-Term Maintenance of Restoration Goals/Objectives – (Once restoration goals are met) Planning and budgeting for short term (3-5 years) oversight and maintenance of restoration efforts (e.g., replanting or reseeding of unsuccessful active revegetation efforts, any remaining invasive follow-up treatment of previous or new infestations) to ensure restoration goals continue to be met. This phase generally requires more resources than Long-Term Maintenance, below. • Long-Term Sustainability/Maintenance of Restoration Goals/Objectives – (5 years+) Planning and budgeting for long term oversight and maintenance of restoration sites to ensure restoration goals continue to be met. Ideally most sites will be able to self- sustain riparian health; realistically some sites will continue to experience disturbance and will require continued frequent or infrequent maintenance efforts to ensure protection of restoration investment.

Appears in 4 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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