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For the most current status, please see below under Anticipated Timeline.
A primary component of the City’s mitigation program will be a Mitigation Bank. The City conducted extensive analysis to determine how best to provide ecologically appropriate and functional mitigation for impacts anticipated to occur over the next 10 years.
As a result, the proposed Mitigation Bank includes:
Opening a Mitigation Bank requires agency review and approval. Review and approval is a multi-step process that typically requires three to five years to complete. Based on our submittal date of April 2, 2018, the City’s goal is to open the Bank for credit sales by the end of 2022.
Status update: The City submitted a Mitigation Bank application to the regulatory agencies for review on April 2, 2018. On April 16, 2020, the Washington State Department of Ecology and the US Army Corps of Engineers (Interagency Review Team [IRT] Co-chairs) deemed the City’s mitigation bank application complete, initiating review of the application. The IRT Co-chairs completed a 60-day public comment period on July 6, 2020 and approved the project to move forward to the next phase of the review process.
The IRT is planning a kick-off meeting in mid-November 2020. The kick-off meeting is an early coordination meeting with regulatory authorities prior to the City’s submittal of technical documents associated with a draft Mitigation Banking Instrument (MBI). The City has begun preparation of these technical documents to facilitate future review phases and keep the project on schedule. For more information, please see the “Additional Resources” section at the bottom of this page.
- Washington State Department of Ecology Frequently Asked Questions: Mitigation Banking (PDF)
- Mitigation: US Army Corps of Engineers
- Federal Regulatory In Lieu Fee and Bank Information Tracking System (RIBITS)
- 2008 Federal Rule US Army Corp of Engineers
- Mitigation Bank Fact Sheet (PDF)
- Habitat Restoration Technical Assessment (PDF)
- Mitigation Program Webpage
- Sign up for Mitigation Bank Email Updates
Habitat and Restoration Manager
Public Works Natural Resources