Wetland bank credits help town development

By on January 19, 2012

After purchasing 200 acres of white cedar wetlands, the city of International Falls, Minn., has established a bank of wetland credits that will allow local development to move forward while mitigating environmental impact. The 200 acres purchased will be protected from development, but 25 acres of wetland bank credits worth $304,920 are now available to the city. Ten of the credits are being used toward the creation of a new nursing home and hospital.

The city purchased the white cedar wetlands from Forest Capital Partners, a private forest landowner. The property meets the wetlands mitigation criteria of the U.S. Army Corps of Engineers and the Minnesota Board of Soil and Water Resources.

Read more at International Falls Journal

Image credit: Minihaha Creek Watershed District

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