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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 11/20/12 at 1:21 pm to Geaux-2-L-O-Miss
Call the Parish Permit Official. They will tell you exactly what you need.
Posted on 11/21/12 at 11:13 am to Geaux-2-L-O-Miss
Thank you for the information. We may not need to mitigate...it's just my first time dealing with it and wanted to get a better understanding of all of the different options.
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 11/24/12 at 11:46 pm to Walkertiger
Avoiding the need to mitigate is the winning answer. Statewide, assuming at least a 3:1 mitigation ratio (likely higher through NOD) and an average mitigation rate running $20,000, you are looking at something like $60,000 to compensate for one acre.
Second issue, although COE or other regulatory agencies might not find out, you can rest assured that they care!
Second issue, although COE or other regulatory agencies might not find out, you can rest assured that they care!
Posted on 11/25/12 at 7:22 am to islandtiger
how/who did you come up with the 11% wetlands mark?
there are engineering firms out there that are more friendly with such delineations.
there are engineering firms out there that are more friendly with such delineations.
Posted on 11/25/12 at 8:07 am to TortiousTiger
The 11% came from paperwork from an environmental firm that the previous owner worked with when he was doing his delineation.
It looks like we will try to take everyone's advice and try to work around the wetlands if possible.
It looks like we will try to take everyone's advice and try to work around the wetlands if possible.
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.
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