Agenda - Council - 02/08/2021 - Laserfiche WebLink

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LCCMR Page 6 Requirements Project Requirements All projects must comply with Article XI, Section 14 of the Minnesota Constitution, Minnesota Statute 116P, and other requirements provided in the following summary document: • Environment and Natural Resources Trust Fund (ENRTF) Project Requirements Professional, Technical, and Services Contracts • State contracting and competitive bidding requirements apply. Financial Capacity To help us evaluate financial capacity, non-profit organizations and for -profit businesses with an annual income: • over $750,000 should submit their most recent certified financial audit • between $50,000 and $750,000 must provide their most recent IRS Form 990. • under $50,000 or that have not been in existence long enough to have completed IRS Form 990 or an audit must submit their most recent board -reviewed financial statements Work Plan and Progress Reports Project managers of recommended projects must submit a work plan. Successfully funded projects must have an approved work plan and the project manager must submit annual or semiannual progress reports. Modifications to the approved work plan and budget expenditures must be made through the LCCMR amendment process. Additional Requirements for Land Acquisitions, Easements, and Restorations All fee title and conservation easement acquisition proposals must include funding for development and implementation of a management and restoration plan. If no funding is requested, your proposal must address why funding for this work is not needed to achieve a high quality restoration. All acquisition and restoration applicants must read and understand the following summary documents: • Environment and Natural Resources Trust Fund (ENRTF) Fee Title Acquisition Project Requirements • Environment and Natural Resources Trust Fund (ENRTF) Conservation Easement Acquisition Project Requirements • Environment and Natural Resources Trust Fund (ENRTF) Restoration Project Requirements A map must be submitted with your proposal that shows the site specific location of your proposed fee title or conservation easement acquisition or restorations within the city, county, region, and/or state. The map must be legible as black and white and include a north arrow and scale. A parcel list must be provided with your proposal that identifies proposed fee title and conservation easement acquisitions and restorations by parcel name, estimated cost, county, ecological significance, activity description, proposed number of acres, proposed shoreline or trail miles, type of landowner, and proposed title/easement holder (if applicable). Additional information for acquisitions, easements, and restorations must be provided with your proposal that describes, among other things, how restoration, future management, and easement enforcement requirements will be met.