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SLATE RUN IS SOLD OUT

To:    Potential Participants
          In Ohio Wetlands Foundation Mitigation Banking Program

Re:    Procedures for Participation in Ohio Wetlands

Dear Sir/Madam:   

    Thank you for your interest in the Ohio Wetlands Foundation wetlands mitigation banking program.  We believe that this program stands to provide significant environmental benefits to the State of Ohio by pooling mitigation efforts in regions of the State to create valuable and viable wetlands habitat.  This letter will provide you with a general explanation of the mitigation program.

   The role of the Ohio Wetlands Foundation (Ohio Wetlands) is limited to the identification, design and construction of suitable wetland mitigation sites.   Our mission is to provide highest quality off-site compensatory mitigation alternatives for unavoidable impacts to wetlands throughout Ohio.  Compliance with all federal, state and local regulatory requirements rests solely with each entity proposing to impact regulated wetland areas.  These responsibilities include obtaining accurate delineation of wetland areas, identifying and evaluating wetland impacts and determining whether participation in the mitigation program of Ohio Wetlands is practicable and acceptable to all relevant regulatory entities.  We strongly encourage you to discuss these issues fully with your own counsel, consultants the Army Corp of Engineers and the Ohio EPA early the development process.

    If you determine that participation in our mitigation program is a viable option, please complete the attached Wetland Mitigation Purchase Agreement and return four (4) signed copies along with the appropriate fee and a copy of the Ohio Rapid Assessment Method (ORAM) score to Ohio Wetlands at the address below.   Ohio Wetlands will return three (3) copies of the fully executed agreement to you so that you can distribute them to your consultant,  the Army Corp of Engineers and Ohio EPA  in connection with the permit application process.  Your mitigation fees will be deposited in an escrow account pending the Corp and/or Ohio EPA' approval of the proposed wetlands impacts.  

    The cost for wetlands mitigation at Slate Run is currently set at $16,000.00 per acre of wetlands mitigation credit. The Ohio Wetlands Foundation may elect, at it's discretion, to reduce mitigation cost for larger purchases.

     The amount of compensatory mitigation required is determined by the Army Corp of Engineers and/or the Ohio EPA.  All purchases must be rounded up to the next whole tenth (0.1) acre. Fore example, if your project will impact 0.57 acres of wetlands and the Corps requires you to mitigate at a 2:1 ratio, your mitigation need will be 2 x 0.52 = 1.04 acres.  Rounding up to the next whole tenth acre, will require the purchase of 1.1 acres of wetlands mitigation credit.

Sincerely,

Vincent E. Messerly, P.E., President