August 21, 2019

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

Why Mitigation Banking Needs a Strong Unified Voice—Now More Than Ever

The mitigation banking industry is at a pivotal moment. Regulatory shifts, evolving interpretations of the 2008 Mitigation Rule, and increasing pressure from alternative mitigation programs are reshaping the landscape. In this environment, a unified voice is not just beneficial—it’s essential. That’s where membership in the National Environmental Banking Association (NEBA) makes a difference. NEBA represents mitigation bankers, environmental

Read More

The Hidden Risks Behind Advance Credits: A Billion-Dollar Gamble Revisited

According to US Army Corps of Engineers (USACE) data, there are more than 8 million Advance Mitigation Credits sitting on the ledgers of the many dozens of In-Lieu Fee (ILF) Programs across the United States today, nearly all of which are exempt from any financial assurance that the mitigation projects will actually be performed. According to

Read More

Subscribe to our newsletter now!