AUTHORITIES AND DUTIES OF MANAGEMENT ENTITY.

SEC. 605. AUTHORITIES AND DUTIES OF MANAGEMENT ENTITY.(a) Authorities of the Management Entity.—The management entity may use funds made available under this title for purposes of preparing, updating, and implementing the management plan developed under subsection (b). Such purposes may include—(1) making grants to, and entering into cooperative agreements with, States and their political subdivisions, private organizations, or any other person;(2) hiring and compensating staff; and(3) undertaking initiatives that advance the purposes of the Heritage Area.(b) Management Plan.—The management entity shall develop a management plan for the Heritage Area that—(1) presents comprehensive strategies and recommendations for conservation, funding, management, and development of the Heritage Area;118 STAT. 3370(2) takes into consideration existing State, county, and local plans and involves residents, public agencies, and private organizations working in the Heritage Area;(3) includes a description of actions that units of government and private organizations have agreed to take to protect the resources of the Heritage Area; (4) specifies the existing and potential sources of funding to protect, manage, and develop the Heritage Area; (5) includes an inventory of the resources contained in the Heritage Area, including a list of any property in the Heritage Area that is related to the themes of the Heritage Area and that should be preserved, restored, managed, developed, or maintained because of its natural, cultural, historic, recreational, or scenic significance;(6) describes a program for implementation of the management plan by the management entity, including plans for restoration and construction, and specific commitments for that implementation that have been made by the management entity and any other persons for the first 5 years of implementation;(7) lists any revisions to the boundaries of the Heritage Area proposed by the management entity and requested by the affected local government; and(8) includes an interpretation plan for the Heritage Area.(c) Deadline; Termination of Funding.—(1) Deadline.—The management entity shall submit the management plan to the Secretary within 2 years after the funds are made available for this title.(2) Termination of funding.—If a management plan is not submitted to the Secretary in accordance with this subsection, the management entity shall not qualify for Federal assistance under this title.(d) Duties of Management Entity.—The management entity shall—(1) give priority to implementing actions set forth in the compact and management plan;(2) assist units of government, regional planning organizations, and nonprofit organizations in—(A) establishing and maintaining interpretive exhibits in the Heritage Area;(B) developing recreational resources in the Heritage Area;(C) increasing public awareness of and appreciation for the natural, historical, and architectural resources and sites in the Heritage Area;(D) the restoration of any historic building relating to the themes of the Heritage Area; (E) ensuring that clear signs identifying access points and sites of interest are put in place throughout the Heritage Area; and(F) carrying out other actions that the management entity determines to be advisable to fulfill the purposes of this title;(3) encourage by appropriate means economic viability in the Heritage Area consistent with the goals of the management plan;(4) consider the interests of diverse governmental, business, and nonprofit groups within the Heritage Area; and118 STAT. 3371(5) for any year in which Federal funds have been provided to implement the management plan under subsection (b)—(A) conduct public meetings at least annually regarding the implementation of the management plan;(B) submit an annual report to the Secretary setting forth accomplishments, expenses and income, and each person to which any grant was made by the management entity in the year for which the report is made; and(C) require, for all agreements entered into by the management entity authorizing expenditure of Federal funds by any other person, that the person making the expenditure make available to the management entity for audit all records pertaining to the expenditure of such funds.(e) Prohibition on the Acquisition of Real Property.—The management entity may not use Federal funds received under this title to acquire real property or an interest in real property.