Help Me With Sign Florida Banking Word

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Industry sign banking florida pdf now

hi I'm Victoria Colangelo from the mitigation banking group and I'm here today to share with you some frequently asked questions that I get either on email or phone from landowners who have land that they may think is suitable for mitigation mitigation banks are large tracts of land that provide mitigation for adverse Welland impacts within a drainage basin surrounding that land the smallest mitigation bank in the state of Florida is 151 acres which is very small the largest is 25 thousand acres so they say a range is between two and three thousand acres however I would say an optimal good size right now is around six hundred to a thousand acres to get a ten year sell out mitigation credits are purchased by developers or by the d-o-t or whomever maybe having a adverse wetland impact to their development project and if the state and federal agencies approve their adverse impacts to the wetlands they are able to mitigate within the same drainage basin as their project adverse impacts [Music] no you cannot impact in Miami and by credit from Orlando Florida you have to purchase mitigation credits within the same geographic drainage basin as your project or if you're providing weather credits you also have to provide it within the same Huff area some mitigation credits are valued on different assessments summer ratio summer you ma'am summer MRAP so with the new methodology of you ma'am a credit price range anywhere from a hundred thousand dollars of you ma'am all the way up to three hundred thousand so you should really check out the different mitigation banks that can provide credits for your project to find out an estimated price a state credit is needed is if you have an isolated wetland if your wetland is jurisdictional to a navigable waterway then you're probably gonna need federal mitigation as well well if you look at a hundred sites you'll probably find one suitable mitigation Bank it is not easy you have to find the diamond in the rough and so you need to be surrounded by other conservation easements do you need to be big enough and it has to be land that has to be restored so if you have pristine land there is no suitable option as a mitigation thing we are looking on fixing broken swamps and so to provide that uplift to provide that restoration value if there is some kind of crop lands citrus sod farms even those can potentially be converted to a mitigation big because we're bringing it back to the way God intended it to be [Music]

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