Common use of OPERATION OF THE HCCC ILF PROGRAM Clause in Contracts

OPERATION OF THE HCCC ILF PROGRAM. 34 The HCCC ILF Program is approved to provide compensatory mitigation for impacts to the 35 waters of the United States, waters of the State of Washington and/or waters of tribal 36 reservations, including wetlands, aquatic areas, marine waters and their buffers as defined in 37 Appendix B. Mitigation credits will be sold to impact site permittees. The funds received from 38 permittees will be consolidated and used to implement various Mitigation Projects. Once a 39 Mitigation Project successfully achieves Performance Standards, additional mitigation credits 40 will be released to the Sponsor to sell.