[Code of Federal Regulations] [Title 7, Volume 10] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 7CFR1491] [Page 728] TITLE 7--AGRICULTURE CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE PART 1491--FARM AND RANCH LANDS PROTECTION PROGRAM--Table of Contents Subpart A--General Provisions Sec. 1491.2 Administration. (a) The regulations in this part will be administered under the general supervision and direction of the NRCS Chief. (b) NRCS shall-- (1) Provide overall program management and implementation leadership for FRPP; (2) Develop, maintain, and ensure that policies, guidelines, and procedures are carried out to meet program goals and objectives; (3) Ensure that the FRPP share of the cost of an easement or other deed restrictions in eligible land shall not exceed 50 percent of the appraised fair market value of the conservation easement; (4) Determine land and entity eligibility; (5) Ensure a conservation plan is developed in accordance with 7 CFR part 12; (6) Make funding decisions and determine allocations of program funds; (7) Coordinate with the Office of the General Counsel (OGC) to ensure the legal sufficiency of the cooperative agreement and the easement deed or other legal instrument; (8) Sign and monitor cooperative agreements for the CCC with the selected entity; (9) Monitor and ensure conservation plan compliance with highly erodible land and wetland provisions in accordance with 7 CFR part 12; and (10) Provide leadership for establishing, implementing, and overseeing administrative processes for easements, easement payments, and administrative and financial performance reporting. (c) NRCS may enter into cooperative agreements with eligible entities to assist NRCS with implementation of this part.