Monday, February 27, 2012

A Delaware First - The Nanticoke and Indian River Mitigation Bank

The 350-acre James Adkins Tract, previously a Loblolly Pine forest plantation in Sussex County, was purchased by Ecosystem Investment Partners (EIP) in an attempt to establish Delaware's first private wetland mitigation bank, and in 2010 LandmarkJCM conducted a wetland delineation to establish limits of the U.S. Army Corps of Engineers' jurisdiction.

Now in the final approval stage by the Corps of Engineers, you can contact EIP to discuss Nanticoke & Indian River Mitigation Bank credits available for reservation now and available for transfer in early 2012. The Bank will serve the wetland mitigation needs of Sussex County, Delaware in the Nanticoke and Indian River drainage basins. Mitigation credits generated by the Bank can be used for compensatory wetland mitigation under Section 404 of the Clean Water Act. Take a look at the Mitigation Bank Map or visit EIP at http://www.nanticokebank.com/.

LandmarkJCM is pleased to assist EIP with the transformation of this former paper plantation into a diverse wetland intended for future banking needs.

No comments: