Laserfiche WebLink
Table 2. Replacement Ratios and Calculation of Bank Credits Required <br /> WSDOE Mitigation Ratio Permanent Impact Bank Credits <br /> Feature (Credits Needed per Acre Needed(acre- <br /> of Impacted Wetland)z Area(sq.ft.)/(acre) credits) <br /> Wetland A III 1:1 11,041 / 0.253 0.253 <br /> (Direct Impact) <br /> Wetland B III 1:1 502/0.012 0.012 <br /> (Direct Impact) <br /> Total 0.265 <br /> Notes: <br /> 1. WSDOE rating according to Washington State wetland rating system for Western Washington—Revised(Hruby,2014). <br /> 2. Credit calculation methods are derived from the KFMB MBI document(Habitat Bank LLC,2019). <br /> 2.3.4 Credit Purchase or Transfer Timing <br /> Negotiations of terms of the mitigation bank credit purchase will be made with the IRT with <br /> preliminary approvals of the proposed project by the City of Everett, after formal approval of the <br /> Bank Use Plan by all appropriate agencies. Proof of credit purchase and transfer will be provided to <br /> regulatory agencies via a Statement of Sale from the Applicant. Prior to any impacts to wetlands, the <br /> Statement of Sale will be provided to the WSDOE and the City of Everett, assuming the USACE <br /> does not assert jurisdiction. <br /> 1345.0029—Benton Square 11 Soundview Consultants LLC <br /> Conceptual Mitigation Bank Use Plan April 1,2022 <br />