Lake Jesup Wetland Mitigation
Wetland Mitigation Options in Lake Jesup Basin, Florida
There are no mitigation banks within the Lake Jesup Basin in Florida. However, there are offsite parcels of land that can be utilized as compensatory mitigation for unavoidable wetland disturbances in Lake Jesup Drainage Basin/Watershed. Mitigation Credits can be purchased from an offsite mitigation area that is preserved with a conservation easement and donated to SJRWMD for the land to be managed in perpetuity.
The mitigation needs to stay in basin.
The credit pricing is $450,000.00/State Credit for Offsite Mitigation UMAM Credits
If Federal Credits are needed, it will be an additional $30,000.00/M-WRAP Credit from Colbert Cameron Mitigation Bank.
For an average quality wetland; the price would be approx. $270,000.00/acre to provide State compensatory mitigation. This amount is dependent on the quality of the wetland to be disturbed.
An Environmental Resource Permit (ERP) from FDEP or SJRWMD would need to be authorized and approved to be able to purchase the state mitigation credits.
If Federal Credits are required (when the wetland is navigable to another waterbody) a Clean Water Act Section 404 Permit from FDEP or USACOE will be required.
SJRWMD may consider approx. 60% in basin and 40% out of basin. Out of Basin Credits could come from Basin 18, Colbert Cameron Mitigation Bank which is $60,000.00/State RATIO Credit or $75,000.00/State & Federal Credit