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LA the added flexibility of using monies that do not have standard restrictions (e.g., 20 year agreements, restoration only, wetland emphasis, etc.). Using RIP money would provide greater flexibility in the kind of agreements that could be consummated. -Leases--can be written to include very limited or very inclusive provisions depending on how much management or habitat modification is desired and how much the Program is willing to compensate the landowner. Leases can include all land management rights but are usually for a short time (e.g., one to five years). -Conservation Easements--are a purchase of limited ownership rights to the land, and can be tailored to specific sites and projects. The cost of the easement depends upon the extent to which the easement limits the highest and best use of the property and the current economic returns to the landowner. Easements are usually perpetual but can be for shorter terms. Easements usually are designed to protect habitat rather that allow agency management of habitat. However, they can be designed to do anything that the seller and buyer negotiate. Easements do not have to be Federal. For example, the Colorado Cattleman's Association has entered into the realm of easement acquisition. Such an organization may be a perfect bridge between landowners and agencies. -Fee Title Acquisition--Fee title is the absolute ownership of all surface rights and provides maximum management interest to the buyer. -Exchange of Management--Agencies and private landowners can exchange management rights, usually for a short duration, to accomplish specific short term objectives. For example, exchanging free grazing on BLM land for temporary flooding of bottomland habitat on private land. -Land Exchange--Simple exchange of Federal or State land for private land. -Wetland Reserve Program--use these monies within Department of Agriculture limits. Following are gUidelines for developing agreements with floodplain landowners: 1. During the term of the agreement, the landowner must not take any actions to prevent flooding of the designated property. 2. All compatible land uses will be allowed. 3. The longer the term of the agreement, the more the Program will pay (e.g., up to $2K per acre for a perpetual easement). 4. The Habitat Restoration Program may be able to assist with floodproofing certain portions of the property. 5. The Habitat Restoration Program will pay for levee breaching or removal. 8