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MITIGATION BANK ENABLING INSTRUMENT MITIGATION BANK This Bank Enabling Instrument (hereinafter B I”) regarding the establishment, use, operation and maintenance of the Mitigation Bank (hereinafter
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What is mitigation bank enabling instrument?
Mitigation bank enabling instrument is a legal document or agreement that establishes a mitigation bank, which is a site or area set aside for the purpose of providing compensatory mitigation for authorized impacts to natural resources.
Who is required to file mitigation bank enabling instrument?
Mitigation bank enabling instrument is typically filed by the entity or organization responsible for establishing and operating the mitigation bank, such as a government agency, conservation organization, or private landowner.
How to fill out mitigation bank enabling instrument?
Filling out a mitigation bank enabling instrument involves providing details about the location, size, and purpose of the mitigation bank, as well as outlining the specific mitigation measures, monitoring requirements, and long-term management plans for the site. It may also require signatures from relevant stakeholders or agencies.
What is the purpose of mitigation bank enabling instrument?
The purpose of a mitigation bank enabling instrument is to establish a framework for the creation, operation, and maintenance of a mitigation bank, ensuring that it meets the regulatory requirements for providing compensatory mitigation and protecting natural resources.
What information must be reported on mitigation bank enabling instrument?
A mitigation bank enabling instrument typically includes information such as the legal description of the mitigation bank site, the methods and standards to be used for determining the ecological success of the bank, the credit determination process, the long-term management and protection provisions, and any terms or conditions required by regulatory agencies.
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