Wetland Mitigation Banking in Michigan

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Process for Establishing Banks• Contact DEQ todiscuss banking• Locate suitable site• Submit banking preproposal• Draft bankingagreement• Final bankingagreement• Construct bank• Monitor, report,long-termmanagement
General Requirements• Minimum of 10 acres in size• Services specified watersheds or ecoregions• Must have signed banking agreement before construction• No more than 15% of credits can come from preservation• Credits are not approved until wetland is constructed andhydrology has been achieved for 1 year (more on this later)There are currently 15 approved bank sites in Michigan
Page 2 and 3: Presentation Outline Overview of We
Page 4 and 5: What is wetland banking?• Replace
Page 8 and 9: Certification of Bank Credits•Cre
Page 10 and 11: Proposed Banking Reforms
Page 12 and 13: Wetland Banking Grants andLoans•E
Page 14 and 15: Wetland Banking Grants•$500,000
Page 16 and 17: Pine River Bank Spotlight• 23 acr
Page 18 and 19: Aerial PhotoExisting CedarSwamp
Page 20 and 21: Pit and Mound GradingAs part of the
Page 22 and 23: Water Control Structure
Page 24 and 25: Long Term Management• MDOT intend
Page 26: Contact InformationMichael Penningt

Wetland Mitigation Banking in Michigan

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