(2) Minimum requirements At a minimum, the cooperative agreement shall
(A) specify the qualification of the eligible entity to carry out the entitys responsibilities under the program, including acquisition, monitoring, enforcement, and implementation of management policies and procedures that ensure the long-term integrity of the easement protections;
(B) require the eligible entity to assume the costs incurred in administering and enforcing the easement, including the costs of restoration or rehabilitation of the land as specified by the owner and the eligible entity;
(C) specify the right of the Secretary to conduct periodic inspections to verify the eligible entitys enforcement of the easement;
(D) subject to subparagraph (E), identify a specific project or a range of projects to be funded under the agreement;
(E) allow, upon mutual agreement of the parties, substitution of qualified projects that are identified at the time of substitution;
(F) specify the manner in which the eligible entity will evaluate and report the use of funds to the Secretary;
(G) allow the eligible entity flexibility to develop and use terms and conditions for easements, if the Secretary finds the terms and conditions consistent with the purposes of the program and adequate to enable effective enforcement of the easements;
(H) if applicable, allow an eligible entity to include a charitable
donation or qualified conservation contribution (as defined by section
170 (h) of title
26) from the landowner from which the easement will be purchased as part of the entitys share of the cost to purchase an easement; and
(I) provide for a schedule of payments to an eligible entity, as agreed to by the Secretary and the eligible entity.
(3) Cost sharing
(A) In general
As part of a cooperative agreement with an eligible entity under this subsection, the Secretary may provide a share of the purchase price of an easement under the program.
(B) Minimum share by eligible entity
The eligible entity shall be required to provide a share of the purchase price at least equivalent to that provided by the Secretary.
(C) Priority
The Secretary may accord a higher priority to proposals from eligible entities that leverage a greater share of the purchase price of the easement.
(4) Violation If an eligible entity violates the terms or conditions of a cooperative agreement entered into under this subsection
(A) the cooperative agreement shall remain in force; and
(B) the Secretary may require the eligible entity to refund all or part of any payments received by the eligible entity under the program, with interest on the payments as determined appropriate by the Secretary.