OAR 695-045-0010
Definitions

(1) “Management Plan” is a description of the planned future management of a Property Interest that is consistent with guidance established by OWEB and includes, but is not limited to, actions such as species and habitat management practices, proposed restoration projects, Stewardship and monitoring, land uses, public access, and educational and research opportunities.
(2) “Profit” means a positive difference between the original purchase price for the Property Interest acquired with OWEB grant funds and a subsequent purchase price for the same Property Interest, minus the owner’s property improvement costs that, from an accounting or tax perspective, are capitalized and not expensed.
(3) “Stewardship” means monitoring, maintaining, managing, and improving a Property Interest, including providing signage, controlling access, enforcing use restrictions and resolving violations.
(4) “Stewardship Fund” means a restricted fund that is used to pay a Property Interest holder’s long-term costs for Stewardship of the Property Interest and taxes and insurance associated with that interest. If the source of the Stewardship Fund allows investment of the Stewardship Fund, the funds may be used for investment management costs.
(5) “Conservation Easement” means a nonpossessory interest of a holder in real property imposing limitations or affirmative obligations the purposes of which include protecting or restoring native fish or wildlife habitats.
(6) “Land Acquisition Grants” mean funds awarded by OWEB to purchase Property Interests.
(7) “Property Interest” means fee simple ownership or Conservation Easement.
(8) “Project” means the aggregate of eligible activities included in OAR 695-045-0170 (Use of Grant Funds) and 0175 that comprise an application and are specific to parcels of land, all of which are essential to the protection of a specific priority habitat at a local scale.

Source: Rule 695-045-0010 — Definitions, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=695-045-0010.

Last Updated

Jun. 8, 2021

Rule 695-045-0010’s source at or​.us