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Mitigation Banks and In-Lieu Fee Programs. Corrie Veenstra Ecologist Federal Highway Administration Office of Project Development and Environmental Review. Presentation Goals. Provide Audience with an Understanding of Mitigation Basics of Mitigation Banks and In-Lieu Fees(ILF)

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mitigation banks and in lieu fee programs

Mitigation Banks andIn-Lieu Fee Programs

Corrie Veenstra

Ecologist

Federal Highway Administration

Office of Project Development and Environmental Review

presentation goals
Presentation Goals
  • Provide Audience with an Understanding of Mitigation
  • Basics of Mitigation Banks and In-Lieu Fees(ILF)
  • Distribution of Banks and ILF
what is mitigation
What Is Mitigation?

Restoration, establishment, enhancement, or preservation of wetlands, streams or other resources for the purpose of offsetting unavoidable adverse impacts .

mitigation options
Permittee Mitigation

Bank or In-lieu Fee

Mitigation Options
  • Identify property
  • Design wetland
  • Approval from Regulatory agencies
  • Construct wetland
  • Monitor the site 10 years or more
  • Maintain and monitor site in perpetuity
  • Property restrictions
  • Buy credits
what are mitigation banks
What are Mitigation Banks ?
  • Large Scale Sites
  • Banker
  • Agreement/Instrument
  • Service Area
  • Credits
what are in lieu fee programs
What are In-Lieu Fee Programs?
  • Watershed
  • Sites not identified
  • Instrument
  • Service Area
  • Credits
  • Temporal loss

Diagram from:www.fergusonfoundation.org

what are conservation banks ilf
What are Conservation Banks/ILF?
  • Threatened and Endangered Species
  • Endangered Species Act
differences
Differences
  • Mitigation Banks:
    • Public or private sponsor
    • Site secured & project initiated in advance of debits
    • Corps has no authority over bank expenditures
  • In-lieu fee programs:
      • Government or non profit conservation organization
    • Fees often received before implementing project
    • Corps approves project funding
corps epa regulations
Corps/EPA Regulations
  • Long Term Management Plan for ALL mitigation sites
    • Easement
    • Legal Instrument ensuring protection in perpetuity
program comparison
Program Comparison

Source: RIBITS (Regulatory In-Lieu fee Banking Internet Tracking System)

sponsorship of bank sites
Sponsorship of Bank Sites

Information from RIBITS (Regulatory In-lieu fee Bank and Information Tracking System)

more information
More Information

Contact Information:

Helpful Links:

  • Regulatory In-lieu fee & Bank Information Tracking System http://ribits.usace.army.mil
  • FHWA’s Everyday Counts

http://www.fhwa.dot.gov/everydaycounts/index.cfm

  • Mitigation Banking Fact Sheet: http://www.epa.gov/wetlandsmitigation/
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