Mitigation banking at the local level
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MITIGATION BANKING AT THE LOCAL LEVEL. TARA FISHER [email protected] Environmental Specialist I Public Works Division City of Chesapeake, VA June 21, 2012. PRESENTATION GOALS. Types of wetlands (tidal vs. non-tidal; forested, scrub-shrub, emergent)

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MITIGATION BANKING AT THE LOCAL LEVEL

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Mitigation banking at the local level

MITIGATION BANKING AT THE LOCAL LEVEL

TARA FISHER

[email protected]

Environmental Specialist I

Public Works Division

City of Chesapeake, VA

June 21, 2012


Presentation goals

PRESENTATION GOALS

  • Types of wetlands (tidal vs. non-tidal; forested, scrub-shrub, emergent)

  • Examples of city projects that may result in a wetland mitigation requirement

  • City of Chesapeake’s process for the purchase of wetland credits

  • Comparison of time and money between creation vs. credit purchase

  • Ecosystem and “public approval” benefits to credit purchase


Where am i

WHERE AM I?

CITY OF CHESAPEAKE


Types of wetland impacts

TYPES OF WETLAND IMPACTS

  • TIDAL WETLANDS:

    • Impacts in wetland areas that are tidally influenced

    • Shoreline projects, bridge replacements, pipe replacements, outfall/drainage improvements

    • Must compensate for ALL tidal impacts

    • 1:1 minimum compensation ratio

Bells Mill Bridge, Chesapeake, VA


Types of wetland impacts cont

TYPES OF WETLAND IMPACTS (cont.):

  • TIDAL (cont.):

    • More opportunity for on or off-site creation in tidal areas (easier to match elevations, hydrology, etc.)

    • Only one mitigation bank from which the City of Chesapeake can purchase tidal wetland credits so competing price quotes not applicable

    • Libertyville Bank charges $15/square foot of tidal wetland impact (100 sf of tidal wetland impact = $1500)


Types of wetland impacts cont1

TYPES OF WETLAND IMPACTS (cont.):

  • NON-TIDAL:

    • Wetland areas that are not tidally influenced

    • Impacts due to drainage and roadway improvements, primarily

    • Compensation ratios vary based on the type of wetland impacted (forested, scrub-shrub, emergent)

    • Multiple commercial mitigation banks that service the City of Chesapeake (for non-tidal impacts)

    • Costs range from $15,000/credit-acre to $38,000/credit-acre

non-tidal forested wetland = 2:1 ratio


Flow chart for purchasing credits

FLOW CHART FOR PURCHASING CREDITS

START HERE:

TIDAL

WETLAND

IMPACTS

Obtain permit(s) which

sets forth wetland

mitigation requirement

NON-TIDAL

WETLAND

IMPACTS

Obtain price

quote from

Libertyville

Bank

Obtain 3 price

quotes from

banks servicing

the project HUC

Send check

to bank and

request proof

of purchase

Request

check from

accounting

Choose lowest

bidder & request

check from

accounting

Provide proof to

permittees and

you’re DONE!


Time and money

  • On/Off-site creation:

    • Site selection = TIME

    • Property acquisition = TIME & MONEY

    • Approval of site by Corps = TIME

    • Mitigation site plan, planting plan, water budget = TIME & MONEY

    • Construction of wetland (earth work, planting, etc.) = TIME & MONEY

    • Monitoring for success = TIME & MONEY

    • Conservation easement/deed restriction = TIME&implications for future infrastructure improvements (City planning implications)

  • Credit purchase from mitigation bank:

    • Obtain credit availability letter(s) and price quote(s) and choose mitigation bank (lowest bidder that services project HUC) = MINIMAL TIME

    • Request check from accounting = MINIMAL TIME (1 WEEK MAXIMUM)

    • Send check to mitigation bank

    • Obtain proof of credit purchase from mitigation bank

    • DONE!

TIME AND MONEY

  • ON/OFF-SITE WETLAND CREATION:

    • Site selection = TIME

    • Approval of site by Corps = TIME

    • Property acquisition = TIME & MONEY

    • Mitigation site plan, planting plan, water budget = TIME & MONEY

    • Construction of wetland (earth work, planting, etc.) = TIME & MONEY

    • Monitoring for success = TIME & MONEY

    • Conservation easement/deed restriction = TIME&implications for future infrastructure improvements (City planning implications)

    • Potential for enforcement action by regulators if site is not successful = TIME & MONEY

Elizabeth River Landing Living Shoreline


Time and money cont

TIME AND MONEY (cont.):

  • CREDIT PURCHASE FROM MITIGATION BANK:

    • Obtain credit availability letter(s) and price quote(s) and choose mitigation bank (lowest bidder that services project HUC) = MINIMAL TIME

    • Request check from accounting = MINIMAL TIME (1 WEEK MAXIMUM)

    • Send check to mitigation bank = MONEY

    • Obtain proof of credit purchase from mitigation bank and provide proof of purchase to permitting agencies

    • DONE!!

Dover Farms Mitigation Bank


Ecosystem citizen benefits

ECOSYSTEM & CITIZEN BENEFITS

  • Mitigation banks are typically situated in “rural” areas, adjacent to existing swamps or other wetland areas

  • Larger, more contiguous tracts of protected wetlands allow for more potential habitat and migration corridors for Federally or State threatened & endangered (T&E) species

  • Smaller pockets of created wetlands in more urban areas are not always successful and not always well received by citizens


Contact information

CONTACT INFORMATION:

  • MY CONTACT INFO:

  • Email: [email protected]

  • Phone: (757) 382-6206

  • CORPS CONTACT:

  • Steve Martin – [email protected]

  • HELPFUL LINKS:

  • Regulatory In-lieu fee & Bank Information Tracking System http://ribits.usace.army.mil

  • http://water.epa.gov/lawsregs/guidance/wetlands/mitigate.cfm#5


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