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 Vol. 2, No. 2: February 20, 2007
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"New regulations might change the landscape of national wetlands policy. The U.S. Army Corps of Engineers’ proposed new regulations would force developers to meet stricter—that is, more expensive—standards for individual mitigation sites, which might make mitigation banks seem like a bargain in comparison."
"The Mt. Zion Church Association has contracted with Houston-based Marsh Resources to establish a Howsers Branch mitigation bank on 48 of its 88-acre Mosby Run property" in northern Virginia.
"Ohio EPA wants to change its general permit that regulates filling and discharging material into isolated wetlands when the total project would impact no more than 1 acre. To gather comments on the draft changes, the Agency will hold a public information session and hearing on Thursday, March 1, 2007" in Columbus.
Recent dissatisfaction with species relocation as a means of dealing with development impacts has encouraged at least some to consider mitigation banking in the UK.
"The 627-acre North Suisun Mitigation Bank is dedicated to mitigation of habitat impacts to endangered vernal pool species as well as the endangered California Tiger Salamander. ‘The North Suisun Mitigation Bank provides much needed habitat to mitigate the impacts of numerous development projects along the Interstate 80 corridor,’ says Sandy Person, Vice-President, Solano County Economic Development Corporation."
This article looks at two small towns taking a page from mitigation banking in the form of "density banking." The Mississippi towns are considering a new planning and zoning framework called SmartCode that would allow increases in density only if density decreases in neighboring areas.
"St. Clair County officials are hoping to recoup some money lost on a contract former administrator Troy Feltman signed in 2003 without board approval. The board, by a vote of 6-1, entered into a new contract with RSD Mitigation to build a wetlands mitigation bank on 35-acres of county-owned property in China Township."
The Army Corps of Engineers will mitigate wetland impacts of a New Jersey flood reduction project on one of the state’s historic sites. The Corp will enhance existing wetlands, forested land and grassland habitats on 130-acres of wetlands at the historic Van Veghten House as mitigation for wetland impacts from the Green Brook Flood Damage Reduction Project.
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