Mitigation News

Mitigation Banking Legislative Update – March 2023

Mar16

Mitigation Banking Legislative Update – March 2023 HB 1167 has been filed; and a Senate companion to HB 1167 has been filed – SB 1702. This bill will allow FDEP or a water management district to release state credits from a mitigation bank before the banks mets the mitigation success criteria specified in the bank’s permit when (a) mitigation credits are not available in sufficient quantities to be sold or used to offset imminent and otherwise allowable adverse impacts within a mitigation service

Feb02

Barberville Mitigation Bank In partnership with the County of Volusia, The Mitigation Banking Group, Inc. has been awarded the exclusive representation for the mitigation bank credit sales. The Barberville Mitigation Bank was permitted in 1996 by the St. Johns River Water Management District and the U.S. Army Corps of Engineers. The 1,083.29 acres is conserved & restored land that will forever be conservation and managed in perpetuity. The property provides to be the missing link to connect wildlife to the Lake Woodruff

Dec14

Tampa Bay Florida: Mitigation Credit Availability Update Credit Inventory Low: Tampa Bay Basin: Forested & Herbaceous Mitigation Credits are currently unavailable. All State & Federal Credits are Reserved. Forested Credits are anticipated to be available Quarter 2, 2023. & Herbaceous Credits are currently unavailable (indefinitely?)

Jun17

SOS for Florida’s wetlands: Time is running out for government action Will Florida’s wetland regulations return the Clean Water Act Section 404 permitting program back to the federal government due to the state’s lack of resources, familiarity, or political will to adequately tackle the more than 5,000 permit applications? https://www.floridatoday.com/story/opinion/2022/06/11/rescue-wetlands-return-states-permit-program-feds-opinion/7575527001/ “There have been editorials written urging Gov. Ron DeSantis to rescue Florida’s wetlands by returning the Clean Water Act section 404 permitting program to the federal government. They cite the state’s lack of resources, familiarity,

Coronavirus (COVID-19) Pandemic Mitigation Banking Update April 2020

Hi Everyone! Just a quick update from my home office Winter Springs, Florida. Everything is good and things are moving along despite the obvious slowdown. We remain hopeful that the worst is behind us and we will be back to normal again soon.

Mar24

COVID-19 MITIGATION BANKING INDUSTRY UPDATE To the Florida Mitigation Banking Community: I hope this finds each of you safe and well during this time. The Florida Association of Mitigation Bankers strives to be a source of reliable information as changes occur throughout the mitigation banking industry. As such, we want you to know that we are closely monitoring the effects of the COVID-19 situation and its direct impacts on our industry. The FAMB Board members are in frequent contact with the Corps, FDEP, and each

May16

Reedy Creek Mitigation Bank just planted 20 acres last month after a nice looking burn was used to knock back rubus, dog fennel, and competitive pasture grasses (Bermuda and bahia). This site was used for cattle grazing and sod production in the past, so restoration efforts of Prescribed Burns, Planting, and Spraying has been a great prescription for this land. The Reedy Creek Mitigation Bank is scheduled to put 50,000 grass plugs (17 total species) on three-foot centers in the

Feb01

World Wetlands Day is celebrated yearly on February 2nd and was created to bring awareness to the value of our wetlands and planet earth. This holiday was established in 1997, and has grown more popular each year. Both governmental and non-governmental agencies come together to bring awareness and showcase the benefits of our planet’s wetlands. https://mitigationbankinginc.com/wp-content/uploads/2019/02/World-Wetlands-Day.mp4 In 2015, a photo contest was created to accommodate to the youth in our growing age of technology. Star Alliance Biosphere

Dec11

Mitigation Banking Frequently Asked Questions Victoria Bruce of the Mitigation Banking Group in Orlando, Florida talks about the most frequently asked questions about the mitigation banking industry. What is a mitigation bank? What is the average size mitigation bank? Why would I need a mitigation credit? Can I purchase a mitigation credit from any permitted mitigation bank? How much does a mitigation credit cost? What is the different between a state and federal

Jul28

The U.S. Fish and Wildlife Service and the National Marine Fisheries (the Services) are amending regulations pertaining to the Endangered Species Act (ESA) in an attempt to streamline and clarify various key implementing provisions of this long-standing and powerful Act. The three proposed regulation changes, intended to be part of a comprehensive update to help improve the efficiency and consistency of implementing the ESA, were published today in the Federal Register – opening up a 60 day comment period. The