106 STAT. 4702 PUBLIC LAW 102-575—OCT. 30, 1992 (iv) The endowment for each site will be held in a separate account from the body of the Trust and other endowments. The endowments will be managed by the Trust Board but the owner or manager of the site may draw upon the proceeds of the stewardship endowment to fund management activities with approval of the Board. Additional management funds may be secured from other public and private sources. (H) Should the biological significance of a site be destroyed or greatly reduced, the land may be disposed of but the proceeds and any stewardship endowment will revert to the Trust for use in other projects. (I) Proceeds from the Trust may be used for management of public or private lands, including but not restricted to lands purchased with Trust funds, except that only those management projects that result in the maintenance or restoration of statewide biological diversity are eligible for consideration. (d) For each fiscal year after 1992, 2 percent of the Federal contributions for the same fiscal year, determined pursuant to subsection (a) of this section, shall be used by the Secretary in order to do the following: (1) restore damaged natural ecosystems on public lands and waterways affected by the Reclamation program outside South Dakota; (2) acquire from willing sellers only other lands and properties or appropriate interests therein outside South Dakota with restorable damaged natural ecosystems and restore such ecosystems; (3) provide jobs and suitable economic development in a manner that carries out the other purposes of this subsection; (4) provide expanded recreational opportunities; and (5) support and encourage research, training and education in methods and technologies of ecosystem restoration. (e) In implementing subsection (d), the Secretary shall give priority to restoration and acquisition of lands and properties (or appropriate interests therein) where repair of compositional, structural and functional values will do the following: (1) reconstitute natural biological diversity that has been diminished; (2) assist the recovery of species populations, communities and ecosystems that are unable to survive onsite without intervention; (3) allow reintroduction and reoccupation by native flora and fauna; (4) control or eliminate exotic flora and fauna which are damaging natural ecosystems; (5) restore natural habitet for the recruitment and survival of fish, waterfowl and other wildlife; (6) provide additional conservation values to state and local government lands; (7) add to structural and compositional values of existing preserves or enhance the viability, defensibility and manageability of preserves; and (8) restore natural hydrological effects including sediment and erosion control, drainage, percolation and other water quality improvement capacity.
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