May 25, 2017

Member News – Zayante Sandhills Conservation Bank

The Zayante Sandhills Conservation Bank (ZSCB) is dedicated to preserving, enhancing and restoring key parcels of Sandhill habitat in Santa Cruz County, California.

ZSCB offers a creative, habitat-based solution to preservation and recovery of rare and endangered Sandhill species in the region. By focusing on large, contiguous areas of high quality habitat, ZSCB offers marked biological advantages to piecemeal regulation of fragmented and/or partially developed sites. ZSCB also facilitates a more coherent, straightforward regulatory framework for those property owners who are seeking compliance with state and federal laws pertaining to endangered species.

Prior to the implementation of the bank, landowners faced two major difficulties obtaining approval for development projects in the Sandhills. The first impediment was lack of a reasonable mitigation option to compensate for project impacts. Establishment of the Conservation Bank and formal agreements between the Bank, US Fish & Wildlife, the County of Santa Cruz and the city of Scott’s Valley, provide eligible landowners a relatively affordable mitigation option through the purchase of credits. The second difficulty was procedural in nature and involved obtaining the necessary authorizations from USFWS, and the County or City. Implementing the operating agreement between the Bank and County eliminated the major procedural hurdle for the County to issue permits once federal requirements have been satisfied.  >More via http://www.zayantesandhills.com/

All members interested in sharing news about your company, your mitigation or conservation banks, or other topics of interest, please contact us info@environmentalbanking.org

 

You may also like

The Risk of Advance Credits

The Risk of Advance Credits
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Subscribe to our newsletter now!