证书的条件

颁发环境兼容性和公共需求证书命令的第165号证书条件建立了尚普兰湖栖息地改善项目, 恢复, 及研究/生境改善计划信托基金. 它写着:

 

证书持有人应建立哈德逊河和尚普兰湖生境改善, 恢复, 及研究/生境改善项目信托基金(“信托”)仅为保护目的, 恢复, 改善哈德逊河口的水生栖息地和渔业资源, 哈莱姆河和东河, 尚普兰湖, 及其支流, 为了最小化, 减轻, 研究, and/or compensate for the short-term adverse aquatic impacts and potential long-term aquatic impacts and risks to these water bodies from Facility construction and 操作 and for the administration of the Trust to the extent expressly authorized in these 证书的条件.

 

  • 证书持有人应在本证书签发后六十(60)天内提交一份协议,规定设立信托机构(“信托协议”). 证书持有人选择监督信托的受托人(“受托人”)应是经纽约州认可并在该州开展业务的银行. 信托协议和受托人的选择均应由委员会(与NYSDEC协商)审查和批准, 如果需要, 纽约州审计长, 和总检察长.

 

  • 在交易结束后三十(30)天内, 证书持有人应赋予信托一个在受托银行设立的生息账户, 第一次支付2美元.500万年. 在缴款后一(1)个月内,证书持有人须再缴付$7.2100万(“第二笔付款”)汇入信托. 证书持有人应随后每年向信托支付, 调整如下表2所示, of $2.在第二次付款日期的每一周年纪念日或之前支付1500万美元,期限为35年. 在第二次付款的第五(5)周年纪念日, 证书持有人应向信托支付500万美元,除此之外,每年支付. 在每一个第七(第七), 九(9), 十一(11), 第十三(13)和第十五(15)周年纪念的第二次支付, 证书持有人除上述年度付款外,还应向信托支付100万美元.

 

  • 在交易结束后三十(30)天内, Certificate Holders shall prepare and file with the Commission for its approval a written agreement to govern the administration and 操作 of the Trust (the “Governance Agreement”). 治理协议应:
    • provide that the funding commitments of the Certificate Holders will be fixed in accordance with Table 2 attached hereto and the terms stated in this condition and that they will not be increased for any reason or decreased except as provided for in subsections (d)(vii) and (d)(ix) of this 证书的条件;
    • establish a Governance Committee consisting of Certificate Holders; DPS Staff; NYSDEC; NYSDOS; CNY; APA; the New York State Council of Trout Unlimited; Riverkeeper, 公司.; and Scenic Hudson, 公司.;
    • 授权治理委员会在鳕鱼之前开会,进行实施信托所需的初步工作, including consideration of whether to use a third-party administrator (the “Administrator”) to assist in the conduct of its business and for the administration of the Trust for tasks including but not limited to developing: (A) cash flow schedules for the Trust expenditures; (B) measures to track administrative costs; and (C) associated auditing and reporting tasks;
    • 允许治理委员会保留一名管理人员, 如果治理委员会要求, 并从信托资金中补偿管理人(如有);
    • 除证书持有人以外的治理委员会成员没有义务向信托支付,治理委员会成员也没有义务向信托支付, 包括证书持有者, 有义务直接资助或履行受托人的任何责任, 包括受托人或遗产管理人的补偿;
    • 信托有义务保护治理委员会的所有成员,使其免受伤害, 包括证书持有者, 免除受托人的任何及所有作为及/或不作为的责任, 署长(如有), 或其中任何一人的代表;
    • 提供研究, 项目, 以及附件5所列的活动总额约为32美元.4 Million (the “Priority Projects”) satisfy the requirements of this 证书的条件 and shall be implemented by the Administrator (or by 受托人 if no Administrator has been selected) pursuant to a schedule to be developed by the Governance Committee in order to meet the primary objectives of the Trust during its initial implementation phase. 治理委员会, 以四分之三的票数领先, 可能决定, 根据情况的变化, that a Priority Project should not be implemented; and
    • 规定管治委员会有权批准信托资金的所有支出, provided 然而 that no more than 75% of the monies to be provided by Certificate Holders to the Trust in any year may be designated for such Priority Projects during the first fifteen (15) years of the Trust’s existence or until the Priority Projects have been completed; and
    • require the Administrator (or 受托人 if no Administrator has been selected) to maintain a clear written record identifying any criteria and justification for the decisions of the Governance Committee and for all expenditures by the Trust itself.

 

  • 治理协议应进一步要求:
    • 治理委员会应管理该信托,以便, 影响设施的使用寿命, 信托基金的资金将能够支持更多的研究, 项目, 或可能由(A)优先项目导致的活动, (B)治理委员会稍后将同意的研究, 或(C)治理委员会产生的信息, 符合以下条件165中规定的标准;
    • 治理委员会应管理该信托基金,以便资金仍可用于本证书中未指明的未来项目, 不时地, 项目建议应征求治理委员会成员的意见, 其他联邦和州机构或直辖市, 个人, 以及位于设施路线沿线的组织, 前提是这些想法符合信托的宗旨,并得到管治委员会的批准;
    • 项目 and activities approved by the Governance Committee for funding shall not replace natural resource management programs funded by the General Fund of the State of New York or NYSDEC 环境 Programs, 履行纽约州或本诉讼任何其他当事方的义务, 或取代以前未由信托基金资助的任何项目的运营和维护资金. 管治委员会可, 然而, authorize the Administrator (or 受托人 if no Administrator has been selected) to use the monies of the Trust to carry out additional or new activities that are part of or are consistent with applicable State and Federal resource management and land use plans;
    • 研究, 信托基金资助的项目或活动应与融资有关联,并应包括, 但不限于:(A)生境恢复, 增强, or protection; (B) habitat research; (C) fish and wildlife species 恢复, 增强, or protection; (D) stewardship activities including additional or new activities, 由治理委员会正式通过, that are part of or are consistent with applicable State and Federal resource management and land use plans; (E) water quality improvement (excluding 项目 eligible for funding under the Clean Water State Revolving Fund); and (F) scientific or administrative support to ensure coordination of Trust 项目 with each other and externally funded research, 恢复, and stewardship 项目; delivery of final products; review of reports, 数据集, and metadata; and placement of project results and data to ensure public access inappropriate digital and hard copy media;
    • 在资助任何研究之前, 项目或活动, 治理委员会必须发现这样的研究, 项目或活动 have been proven: (A) to make a contribution to the long-term protection and 增强 of fish and wildlife species and habitats in the Hudson River Estuary, 哈莱姆河和东河, and/or 尚普兰湖 及其支流; (B) to have a strong scientific foundation; (C) to achieve identified environmental goals; (D) to be consistent with applicable State and Federal natural resource management plans; (E) to address impacts associated with the construction, 操作, maintenance or security of the Facility; and, (F)从工程角度看是可行的;
    • the Governance Committee shall give preference to 项目 that: (A) achieve multiple environmental goals; (B) involve multi-stakeholder collaboration; (C) feature matching funds; and/or, (D)是有效的;
    • the Administrator (or 受托人 if no Administrator has been selected) shall pay any administrative costs associated with the establishment and maintenance of the Trust from any accrued interest on monies of the Trust or, 如未累积足够的利息, 该等管理费用由信托承担, 但是,信托的资金不得用于补偿任何一方, 包括证书持有者, 参与治理委员会或补偿任何该方在该参与过程中产生的任何费用;
    • Certificate Holders’ obligation to make the payments into the Trust set out above and in Table 2 attached hereto shall terminate upon receipt by the Administrator (or 受托人 if no Administrator has been selected) of documentation from the NYISO or DPS stating that the Facility has ceased commercial 操作. 设施是否应恢复运作, 证书持有人应在下一年度1月1日恢复向信托支付;
    • 设施因任何原因停止永久运作, 在最终终止之日欠信托的款项以及信托中未使用款项的余额, 加上应计利息,再减去管理成本, 应保留在信托中,并由治理委员会管理,直至全部使用;
    • 受托人, Administrator (if any) and the Governance Committee shall all be prohibited from directly or indirectly bonding or pledging any funds to be provided by the Certificate Holders at any future date; and
    • 如果任何部门, 机构, 权威, office or other instrumentality or subdivision of the State of New York shall claim ownership or control of the Trust or any of the funds paid into the Trust by Certificate Holders or any interest thereon, 受托人须立即将所有以信托名义持有的金钱归还证书持有人.

表2:尚普兰·哈德逊环境研究与发展信托基金的支付流摘要(百万美元)

名义美元117美元.15$117.15
2%的自动扶梯
金融近2美元.5$2.5
鳕鱼$7.21
2$2.15
3$2.19
4$2.24
5$7.81
6$2.14
7$3.33
8$2.23
9$3.47
10$2.32
11$3.61
12$2.41
13$3.75
14$2.51
15$3.90
16$2.61
17$2.66
18$2.71
19$2.77
20$2.82
21$2.88
22$2.94
23$3.00
24$3.06
25$3.12
26$3.18
27$3.24
28$3.31
29$3.37
30$3.44
31$3.51
32$3.58
33$3.65
34$3.73
35$3.80