285.507—What rent payments must I pay on a project easement?
(a)
You must pay MMS a rent fee for your project easement of $5 per acre, subject to a minimum of $450 per year, unless specified otherwise in the Final Sale Notice or lease:
(1)
The size of the project easement area for a cable or a pipeline is the full length of the corridor and a width of 200 feet (61 meters), centered on the cable or pipeline; and
(2)
The size of a project easement area for an accessory platform is limited to the aerial extent of anchor chains and other facilities and devices associated with the accessory.
(1)
You must make the first rent payment when the operations term begins, as provided in § 285.500 ;
(2)
You must submit all subsequent rent payments in accordance with the regulations at § 218.51 of this chapter; and