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2 <br />NPPD will make available a pazcel of land for wildlife habitat purposes known as NPPD's <br />Cottonwood Ranch Property (Property), per the requirements - of Article 407. NPPD's <br />Cottonwood Ranch Properly is= located between Overton and Elm Creek, Nebraska and <br />consists of approximately 2,770 acres (Exhibit A). The Property encompasses both sides of <br />the main river channel for approximately 3 miles (see figure 1). NPPD purchased this <br />property in 1992 from a willing seller in anticipation of needirig to acquire properties for <br />endangered species management purposes. NPPD expects this- property will count for a <br />portion of the 10,000 acres needed in the first increment of the proposed Program'. NPPD <br />will maintain ownership of the- Property and spend up to $1.3- million (1997 dollars) to <br />develop and enhance the PropertX for three of the four target species of the proposed Program. <br />The tazget species are least terns Sterna antillarum , piping plover (Charadrius melodus), and <br />whooping cranes Grus americana). The Property currently contains approximately 1,200 <br />acres of riparian cottonwood dominated forest, 500 acres of grasslands, 600, acres of <br />agricultural ground and the remainder is river channel, roads or building sites. The Platte <br />River at this site is anabranched with the widest active channels being about 500 feet. <br />In order to ensure that the amounts of money to be made available for development and <br />enhancement measures and, if necessary, for maintenance purposes retain their value in 1997 <br />dollars, consistent with Article 407, NPPD will, at the beginning of each calendar yeaz, adjust <br />the applicable amount by calculating the percentage change of the Gross Domestic Product - <br />Implicit Price Deflator Index as reported by the Bureau of Economic Analysis, Department of <br />Commerce (http://www.bea.doc.gov/) for the preceding year. NPPD will promptly advise the <br />U.S. Fish and Wildlife Service (FWS) and Nebraska Game and Pazks Commission (NGPC) <br />each year of the calculations and adjustments made pursuant to this index. <br />To expedite the development and enhancement of the Cottonwood Ranch Property for the <br />target species, NPPD in consultation with the FWS, NGPC, The Central Nebraska Public <br />Power and Irrigation District (Central) and the Governance Committee have developed this <br />Plan per License Article 407 (see Appendix A for complete consultation. history). <br />Representatives from the above entities met on several occasions, including two trips to the <br />property to develop a concept of how the Property should be managed for endangered species. <br />The result of those consultations is this Plan to develop and enhance the Cottonwood Ranch <br />Property for whooping cranes, least terns and piping plovers. <br />For the purposes of this Plan, development will be considered as an increase in the amount of <br />habitat for the target species and enhancement will be considered as an improvement in the <br />quality of habitat for the species. Development and enhancement measures are the actions <br />taken to achieve development and enhancement objectives. This Plan sets forth development <br />and enhancement objectives in a prioritized manner but does not specifically identify <br />development and enhancement measures. Specific development and enhancement measures <br />' T'he Cooperative Agreement, signed July 1, 1997 by Secretary Babbitt of the Department of Interior, Governor <br />Romer of Colorado, Governor Nelson of Nebraska and Governor Geringer of Wyoming, provides an ESA <br />framework for water related activities in the Platte River drainage to and through the central Platte River including <br />FERC Project 1835. The Cooperative Agreement puts forward a Proposed Platte River Recovery Implementation <br />Program (Program) as a vehicle to address threatened and endangered species using the central Platte River Area.