Common use of Offset Options Clause in Contracts

Offset Options. The Phase II Agreement established certain nonpoint source management options for Association funding to offset cap exceedances. The parties agree to continue providing the following options for Phase IV of the Agreement:  Implementation of certain nutrient-reducing agricultural BMPs under the NC Agriculture Cost Share Program. Soil and Water shall administer offset funds for this purpose. Funds shall be allocated to operations within the Tar-Pamlico River Basin, and shall be targeted geographically and by practice for the most cost-effective nutrient reductions to the estuary practicable. Soil and Water shall track and report the disposition of these funds to the Division annually. Soil and Water shall ensure and demonstrate that offset-funded BMPs are separate from and in addition to BMPs implemented to meet requirements of the Tar-Pamlico agriculture rule.  Support for operation and maintenance of a continuous flow gauging station in the Tar River at Greenville or other mainstem location as close as practical to the estuary.

Offset Options. The Phase II Agreement established certain nonpoint source management options for Association funding to offset cap exceedances. The parties agree to continue providing the following options for Phase IV of the Agreement:  • Implementation of certain nutrient-reducing agricultural BMPs under the NC Agriculture Cost Share Program. Soil and Water shall administer offset funds for this purpose. Funds shall be allocated to operations within the Tar-Pamlico River Basin, and shall be targeted geographically and by practice for the most cost-effective nutrient reductions to the estuary practicable. Soil and Water shall track and report the disposition of these funds to the Division annually. Soil and Water shall ensure and demonstrate that offset-funded BMPs are separate from and in addition to BMPs implemented to meet requirements of the Tar-Pamlico agriculture rule.  • Support for operation and maintenance of a continuous flow gauging station in the Tar River at Greenville or other mainstem location as close as practical to the estuary.