Examples of IRT Member in a sentence
The procedures for IRT Member review and comment in accordance with 33 CFR §332.8 shall apply.
Regardless of such agreements, each IRT Member retains the discretion to determine appropriate Compensatory Mitigation requirements for Permittees, including whether Program Credits may be used to Fulfill such requirements, in accordance with applicable laws and regulations.
Credit reservation agreements shall not provide or constitute an assurance or guarantee that any IRT Member will accept the use of such Program Credits for a proposed project.
For example, anticipating a need to Fulfill Compensatory Mitigation requirements for a proposed project, a project proponent may wish to reserve Program Credits to ensure that they are available if and when an IRT Member determines that Program Credits may be used to Fulfill such Compensatory Mitigation requirements.
If an IRT Member determines that Program Credits may be used to Fulfill Compensatory Mitigation requirements for a proposed project, the Permittee may contact the Sponsor to secure the necessary amount and resource type of Credits, as set forth in the Permittee's permit conditions.
The Sponsor may Transfer Released Credits only to Fulfill the Compensatory Mitigation requirements of Permittees or the requirements of enforcement actions by one or more IRT Member 3 Defined as, “All Habitat Plan reserves considered collectively.” involving Impacts on Aquatic Resources under the jurisdiction of such IRT Member.
With these systems, the Sponsor can readily ascertain: ⚫ the IRT Member or other public agency authorizing the impact for which a credit is transferred; ⚫ the Program Account balance; ⚫ deposits to the Program Account during any period; ⚫ disbursements from the Program Account during any period; and ⚫ investment earnings accrued to the Program Account.
The Sponsor will submit an ILF Annual Report summarizing Program implementation for the previous calendar year to each IRT Member, and will upload the report to RIBITS, on or about March 15 following the reporting year.
Each IRT Member retains the discretion to determine appropriate Compensatory Mitigation requirements for Permittees, including whether Program Credits may be used to Fulfill such requirements, in accordance with applicable laws and regulations.
The IRT may use a streamlined modification review process under 33 CFR 332.8(g)(2) for changes to the Instrument reflecting Adaptive Management of the Program, Credit Releases, changes in Credit Releases and Credit Release schedules, credit fee schedule, Compensation Planning Framework updates, and changes that the IRT determines are not significant and therefore do not warrant the full amendment process, such as making a non-signatory IRT Member a signatory to this Instrument.