For Permittees
The Purchase Process
Feasibility
The client provides Mitigation Marketing with the project location, and we match them with a site that can service their project’s needs.
Information
The client fills out the attached checklist with as much information as they have available on their project it and sends it back to us.
Purchase Documents
We provide the client with a purchase agreement and deposit invoice.
Reservation Confirmation
After the client has returned the signed agreement and provided the deposit payment, we send the client/ their consultant a reservation letter. This letter is to be provided to the necessary agencies as confirmation that the permittee has fulfilled their duty in reserving mitigation for their project. The letter states that the required amount of mitigation has been reserved for the project in question.
Final Balance
The remaining balance will be due upon permit issuance OR within the agreed upon period stated in the signed agreement (in most cases this is between 60-120 days depending on the type of mitigation being purchased).
Transfer
Once the final balance payment is received and the permit has been issued, we facilitate the transfer process and provide confirmation completion.
Please contact us for more details and assistance on purchasing mitigation for your project!
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GIS DATABASE SERVICESWe can provide you with all your project’s mitigation banking options by plotting its location in our statewide database.
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PERMITTING SUPPORTWe can help support your state and/or federal permitting efforts if you are proposing mitigation bank credits as part of your mitigation plan.
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EDUCATIONAL SEMINARSWe provide timely workshops on wetland mitigation and mitigation banking issues of concern.
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EXPERIENCED TEAMAlex and Brody provide quick turnaround for project specific information and administrative services are provided with utmost professionalism.
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CUMULATIVE IMPACT ASSESSMENTMitigation Marketing can arrange for cumulative impact assessments for out of basin impacts on specific projects, on an as needed basis. This ensures that the project will be approved by the state and/or federal agencies. We provide simple and complete mitigation solutions for compensatory impacts.
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OUR SERVICES FOR MITIGATION BANKS INCLUDE✔ Market Analysis Services to Support Due Diligence for New Potential Mitigation Banks ✔ State-Wide Exposure for Your Project to Potential Users ✔ Targeted Distribution of Information Regarding the Mitigation Bank ✔ All Administrative Work for the Mitigation Bank ✔ Marketing and Management Services for the Mitigation Bank ✔ Permitting Support for each project ✔ Develop a customized Marketing Plan for each specific bank
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SAVE TIMEA developer using a mitigation bank will have reduced permitting time. The permitting practice is a more streamlined process since mitigation banks are already constructed and functioning. These banks are approved by local, state, and federal agencies adding to the quick permit turnaround.
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SAVE MONEYWetland impacts must be offset by property onsite or often by purchasing additional land to construct functioning mitigation on. The cost increases with the additional burden of permitting, construction, monitoring, and maintenance activities. Mitigation through a bank requires a one time fee for the mitigation credits and the additional burden and hidden costs are avoided.
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AVOID RISKThe developer that implements its own mitigation often finds its mitigation failing and must spend unexpected money to restore the wetland. The purchase of credits from a mitigation bank legally transfers all risk to the mitigation banker. Credits are only released to the banker once success criteria have been met on the bank to avoid failed mitigation.
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MAXIMIZE SPACEOn site mitigation often becomes a burden on development sites, causing a development to be planned around the mitigation. Buying credits from a mitigation bank allows the developer to maximize his usable land and put that space to its highest and best use.
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ECONOMIES OF SCALEEstablishment of a mitigation bank brings together financial resources, biological, planning and scientific expertise. Consolidating these resources increase the potential for long-term successful mitigation that maximizes contribution to the environment.
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INTEGRITYA large scale mitigation bank project has the opportunity to maintain the integrity of the aquatic ecosystem. The complexity of a wetland is difficult to encompass in a small development project. The larger mitigation bank has a better chance of encompassing all necessary biological functions.