- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Wetland Mitigation Questions
Posted on 11/20/12 at 11:27 am
Posted on 11/20/12 at 11:27 am
I am purchasing a 7 acre piece of land for a home site that has roughly 11% designated as wetlands. In the information I have found, if I wanted to do compensatory mitigation I would have to purchase credits from a mitigation bank or self mitigate. Does anyone have a rough estimate of what it would cost to mitigate around an acre? Also, if I dig an acre pond does that qualify as self mitigation? I am sure the Army Corp of Engineers will direct me when I file the paperwork but just wanted an idea if anyone has had experience in this area.
5
Posted on 11/20/12 at 11:59 am to BParishLSU
It varies from district to district and over time. There is no set price for them just like any bond or security 
Posted on 11/20/12 at 12:08 pm to BParishLSU
It depends on where located and what mitigation banks are available for that area. Also, you typically have a ratio of like 3:1 credits to mitigated property. This depends on the who you get at the Corps. Credits can range from $5,000-$15,000 each.
7 acres minus 1 of wetland minus pond size, you should still have plenty to build a house. Why do you feel the need to mitigate?
7 acres minus 1 of wetland minus pond size, you should still have plenty to build a house. Why do you feel the need to mitigate?
Posted on 11/21/12 at 8:01 pm to BParishLSU
Could you sub-divide the portion with wetlands off and have a 6 acre wetlands-free building site?
I have no idea about this stuff, just throwing out ideas.
I have no idea about this stuff, just throwing out ideas.
Posted on 11/21/12 at 10:52 pm to BParishLSU
I would build on a portion thats not wetlands and not worry about mitigitating any of it.
I would also give you the illegal advice that after several years of living on the 7 acres that you can do what you want with the rest and nobody will care or even know at that point.
They only seem to care when property is sold and/or its time for permits.
I would also give you the illegal advice that after several years of living on the 7 acres that you can do what you want with the rest and nobody will care or even know at that point.
They only seem to care when property is sold and/or its time for permits.
Posted on 11/25/12 at 8:01 pm to BParishLSU
I would recommend that you also ascertain if your property or building site is in a FEMA designated flood plain. If it is, then you are going to have to purchase flood insurance at best, and at worst, you might not be able to get financing to build the house.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News