Anybody else here this???

[JaMak84]

Wouldn't it be cheaper to buy land and get it qualifies as a mitigation bank. Esp if you were about to fork over $300K. The EPA rules are nebulous and do a very very good job of impeeding development.

It's my understanding that it's ridiculously complicated and expensive to create a mitigation bank. That's the reason they fetch a premium price per acre.

[novacaine]

Wouldn't it be cheaper to buy land and get it qualifies as a mitigation bank. Esp if you were about to fork over $300K. The EPA rules are nebulous and do a very very good job of impeeding development.

It's my understanding that it's ridiculously complicated and expensive to create a mitigation bank. That's the reason they fetch a premium price per acre.

This....
Wetland mitigation banks arent that complicated, just time consuming and expensive to jump thru all the hoops and regulations ............plus you get to escrow a PILE of money and wait till you get calls to sell it a piece or credit at a time.
Now stream mitigations banks are a colossal pain in the butt from A to Z....

[gps4]

i recently saw an article about similar situation in wyoming where a family is fighting uncle sam over threatened fines and levies for building a small pond on land they owned by damming a creek that was completely on their own property.

http://www.nytimes.com/2015/09/19/us/re ... .html?_r=0

He dammed up a river (that was not entirely on his own property). The creek runs through his property, so in his ignorance, he figured he should be permitted to dictate what happens down stream of his property. He's a moron. He broke the law by violating the clean water act. Case closed.

People want to beat the drum that "it's my property, I can do what I want!" I agree in some regards, but not when (quite literally) the affects have down stream consequences. Because he's a middle class, private landowner, everyone wants to stand behind him. But if he was some fat cat uber rich old peepee, or a large company, they'd be wanting to burn them at the stake.

related articles i read say six mile creek is an "intermittent stream", 2 feet wide by 6 inches deep over 100 miles away from a navigable river, and that it is not technically damned, as water is free-flowing over the spillway at the same rate of water flowing into the pond. the flow of the creek was only interrupted for the amount of time it took to fill the pond, and the water flowing out is 3x cleaner than the water flowing in.

[gps4]

Saw the article and was reminded of this thread...

http://www.foxnews.com/politics/2016/05 ... tcmp=hpbt1

[SB]

That is good news for the private land owner. I'm glad it worked out for the guy. Thanks for the update.

[novacaine]

Stock pond...........isnt there a nationwide for that????? Im to lazy to even look that up.
Just glad I didnt have to go thru all that.

[420 racin]

A Stock Pond is covered under an Exemption, so there is no permit required for that..if it truly is a stock pond for agriculture/cattle

But there are a lot of Nationwide's out there that cover a variety of activities. The permit isn't hard to get, but the mitigation is the kicker...