TEXAS WATERSHED MANAGEMENT FOUNDATION

THE OVERALL PURPOSE OF A TEXAS WATERSHED MANAGEMENT FOUNDATION IS TO CONTRIBUTE TO RECOVERY OF LISTED SPECIES WHILE CREATING OPERATIONAL FLEXIBILITY FOR THE PUBLIC OR PRIVATE LAND OWNER SPONSORING THE CONSERVATION ACTIONS AND MONITORING SYSTEMS INCLUDING CREDIT.THE PRIMARY OBJECTIVES INCLUDE:1) PROVIDING AN INCENTIVE-BASED APPROACH FOR PUBLIC AND PRIVATE LAND OWNERS TO APPLY CONSERVATION MEASURES FOR ENDANGERED SPECIES;2) PROVIDING A UNIFORM PROCESS FOR DOCUMENTING CONSERVATION EFFORTS ON PRIVATE LANDS;3) PROVIDING A PROCESS FOR ACCOUNTING FOR AND RETAINING RECOVERY CREDITS SHOULD THEY BE NEEDED TO OFFSET LOSS OF HABITAT RELATED TO A SPONSOR'S ACTIVITIES; AND4) PROVIDING A UNIFORM STRUCTURE FOR IMPLEMENTING AND MONITORING THE CONSERVATION MEASURES REQUIRED TO GENERATE RECOVERY CREDITS AND BENEFIT THE SPECIES.