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stabilization . 22 . All wetland areas or water bodies that are outside the specific limits . of construction . authorized by this permit must be protected from erosion , siltation , scouring or excess _ turbidity , and dewatering . 23 . Prior to construction , the permittee must clearly designate the limits of construction on -site . The permittee must advise the contractor that any work outside the limits of construction , including clearing , may be a violation of this permit . 24 . The wetland mitigation areas must be planted prior to any of the following events (whichever occurs first) : issuance of the first certificate of occupancy ; use of the infrastructure for its intended use ; or transfer of responsibility for operation and maintenance of the system to a local government or other responsible entity . 25 . The Permittee must furnish the District with two copies of an annual monitoring report in the month of August on District form EN -55 , for the time period stated in this permit's success criteria condition . 26 . In the event that 50% or greater mortality of planted wetland species in any stratum within the mitigation area occurs , the Permittee must undertake a remediation program approved by District staff . 27 . The surface water management system must be constructed and operated in accordance with the plans received by the District on May 24 , 2004 and as revised on Sheets 20 and 22 received by the District on May 27 , 2004 . 28 . Prior to construction , the conservation boundary for the on-site mitigation areas must be surveyed and flagged or monum.ented with tall PVC pipes or stakes . Immediately upon completion of the initial clearing around the conservation areas , a silt fence must be installed around the boundary of the conservation easement area . 29 . Prior to commencement of construction , the permittee shall submit to the District an executed State of Florida Stand By Trust Fund Agreement for mitigation in the amount of $ 113 , 997 . 40 . The State of Florida Stand , By Trust Fund Agreement shall be approved in form and content by the District's Office of General Counsel . The permittee shall annually submit to the District a statement confirming the value of the trust , at least thirty days prior to the anniversary date of establishment of the fund . The trust fund must be maintained until the District determines that the mitigation is successful . 30 . The Permittee must notify the District by certified mall of the commencement of a voluntary or involuntary proceeding under Title XI ( Bankruptcy) , U . S . Code; naming the .permittee as debtor within 10 business days after the commencement of the proceeding . 31 . The permittee shall be deemed to be without the required financial assurance in the event of bankruptcy , insolvency , suspension or revocation of the license . or charter of the issuing institution . The permittee must reestablish a financial responsibility mechanism within 60 days after such an event, with the form and content of the financial responsibility mechanism approved by the District's Office of General Counsel . 32 . 0hen transferring a permit in accordance with Section 40C4 . 351 , F .A. C . , the new owner or person with legal control shall submit documentation to satisfy the financial responsibility , requirements of subsections 12 . 3 .7 through 12 . 3 .7. 9 of the ERP Applicant's Handbook. The prior owner or person with legal control of the project shall continue the financial