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Mitigation Banks and In-Lieu Fee Programs

Comprehensive presentation on mitigation banks, in-lieu fee programs, and conservation banks for offsetting adverse environmental impacts. Includes basics, distribution, and management. Contact Corrie Veenstra for more information.

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Mitigation Banks and In-Lieu Fee Programs

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  1. Mitigation Banks andIn-Lieu Fee Programs Corrie Veenstra Ecologist Federal Highway Administration Office of Project Development and Environmental Review

  2. Presentation Goals • Provide Audience with an Understanding of Mitigation • Basics of Mitigation Banks and In-Lieu Fees(ILF) • Distribution of Banks and ILF

  3. What Is Mitigation? Restoration, establishment, enhancement, or preservation of wetlands, streams or other resources for the purpose of offsetting unavoidable adverse impacts .

  4. Who Requires Mitigation?

  5. 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

  6. What are Mitigation Banks ? • Large Scale Sites • Banker • Agreement/Instrument • Service Area • Credits

  7. What are In-Lieu Fee Programs? • Watershed • Sites not identified • Instrument • Service Area • Credits • Temporal loss Diagram from:www.fergusonfoundation.org

  8. What are Conservation Banks/ILF? • Threatened and Endangered Species • Endangered Species Act

  9. 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

  10. Corps/EPA Regulations • Long Term Management Plan for ALL mitigation sites • Easement • Legal Instrument ensuring protection in perpetuity

  11. Program Comparison Source: RIBITS (Regulatory In-Lieu fee Banking Internet Tracking System)

  12. Distribution of Sites

  13. Sponsorship of Bank Sites Information from RIBITS (Regulatory In-lieu fee Bank and Information Tracking System)

  14. More Information Contact Information: • Email: Corrie.veenstra@dot.gov • Phone: (202)366-8168 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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