| Wetland mitigation banks and upland conservation banks ("land banks") are potentially profitable alternatives to traditional commercial and residential development projects. If a parcel has sensitive wildlife habitat or is located within planned wildlife corridors, its highest and best use may be as biological open space. In the past, this represented a significant down zone in terms of value. However, with the land bank option the value may be competitive with typical development strategies. | A critical benefit to creation of a land bank is the economic advantage to the landowner. The ability to sell mitigation or conservation credits provides private landowners with an incentive to develop their lands for conservation, rather than for other purposes. Land banks are important tools in achieving long-term conservation goals and objectives throughout the state. Land banks also benefit those seeking to mitigate impacts through more streamlined and affordable mitigation procedures. |
Conservation
banking was formally introduced on April 7, 1995 at a
ceremony for Bank of America's Carlsbad Highlands Conservation Bank. At
that ceremony, the first-in-the-nation statewide policy encouraging
conservation banking was incorporated into federal policy by the
Secretary of the Interior. ![]() |
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| McCollum
Associates was instrumental in the development of the state
and federal
conservation banking program. Since that effort, in affiliation with
Sweetwater
Environmental Biologists, Inc., McCollum
& Sweetwater has
developed numerous conservation and mitigation banks in
California over
the past 17 years. No other team has our level of experience or
regulatory
understanding to create banks individually tailored to landowners'
needs. While McCollum
& Sweetwater
creates and markets land banks in a variety of ways, our specialty is
working with landowners through joint venture agreements. This approach
allows the
landowner to retain significant ownership and income in the bank,
yet
take advantage of our institutional knowledge and experience. Joseph Findaro is also active in McCollum & Sweetwater in the area of national policy development and permit assistance in the Washington D.C. office of his firm, Akerman Senterfitt. Click here for biographies for Mike McCollum, Barry Jones & Joe Findaro |
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Wetland
Mitigation Banks
Credits for Sale
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![]() (RBV Mitigation Credits, LLC). Wetland/Vernal Pool. Temecula. Credit Area: Western Riverside County. This bank incorporates the Skunk Hollow Vernal Pool. With a water surface area exceeding 33 acres, this is the second largest vernal pool in the state. It provides habitat for numerous threatened and endangered species of plants and animals, including the Riverside fairy shrimp. This preservation mitigation bank has approximately 136 wetland credits, or functional units, for general wetland impacts in western Riverside County. The bank is formally permitted by the Army Corps of Engineers, U.S. Fish and Wildlife Service, and Department of Fish and Game. The bank is fully endowed and managed by the Center for Natural Lands Management. This is a preservation bank . . . in other words, if your impacts destroy wetland habitat, mitigation for the impact must be accomplished at a wetland creation site to provide a no net loss of existing habitat. The balance of any mitigation ratio can be accomplished at the Barry Jones Bank. The bank can be used for low or high quality wetland impacts. Credits are available now for sale! Click here for a Location Map. |
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![]() (Westmark Development). Wetland and CSS. Carlsbad. Click here for the bank service area Coastal North County). The BEI was approved on May 23, 2007. Credits are available now. Send an email message to Mike McCollum for information. The Bank consists of a total of 15.7 acres with the following breakdown of habitats: ENHANCED AND CONSERVED: 6.57 acres of riparian forest 0.21 acres of mule fat scrub CREATED AND CONSERVED: 6.07 acres of riparian forest CONSERVED: 1.01 acres of Diegan coastal sage scrub 1.38 acres of sage scrub chaparral, 0.45 acres of non-native grassland ![]() The property is fully endowed and managed by the Center for Natural Lands Management |
.![]() Before Restoration Efforts Click here to download: Regional Map Location Map Aerial Photo of Bank Vicinity ![]() After Restoration Efforts |
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* COMING SOON * Edgemoor Wetland Mitigation Bank (County of San Diego) Wetland and Riparian Santee Credit Area: Under consideration. Availability uncertain. Credits will only be available to County of San Diego projects. |
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| Habitat Types Available for Purchase |
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| Coastal sage/coyote
brush 5.95 Southern Maritime 0.17 Live Oak Woodland 0.03 Valley Needlegrass 0.18 Oak Riparian Forest 16.31 Fresh Water Marsh 0.32 Cismontane Alkali Marsh 0.29 Southern Willow Scrub 0.39 |
Southern Mixed
Chaparral 16.25 CWF willow riparian forest 2.23 Fresh water seed 0.21 Mule fat scrub 0.03 Disturbed habitat 0.18 Agricultural 0.14 Unclassified 0.37 Exotic vegetation 0.44 |

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California
Resources Agency
Conservation Banks Catalogue
Conservation
Bank Guidelines
California Environmental Resources
Evaluation System (CERES)
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