Wisconsin Administrative Code › Department of Natural Resources › NR 300-399 - Environmental Protection - Water Regulation › Chapter NR 350 - Wetland Compensatory Mitigation › Section NR 350.007 - Prospectus and compensation site plan requirements

Current through June 24, 2024
(1) PROSPECTUS. For
				mitigation bank projects as described in ss. NR 350.008 to 350.009, a
				mitigation sponsor shall prepare and submit a prospectus.
(2) PROSPECTUS PURPOSE. The purpose of the
				prospectus is to provide a mitigation project concept regarding potential
				restoration, creation, enhancement, or preservation activities.
(3) PROSPECTUS REQUIREMENTS. A complete
				mitigation site prospectus shall include all of the following information:
(a)
Owner and agent.
The
				names of the mitigation sponsor, all involved landowners, any consultants or
				experts to be involved in the planning, design, and implementation of the
				mitigation site, and the mitigation sponsor's agent or agents, if
				applicable.
(b)
Qualifications.
The qualifications of the mitigation sponsor
				and members of the project team to successfully complete the types of
				mitigation projects proposed, including information describing any past
				activities completed by the sponsor and the project team.
(c)
Objectives.
A
				description of the specific objectives that will be accomplished by the
				proposed mitigation project.
(d)
Operation.
A description of how the mitigation site will be
				established and operated.
(e)
Service area.
A description of the proposed service
				area.
(f)
Need.
A
				description of the general need for the proposed mitigation project.
(g)
Technical feasibility.
A
				narrative that provides a description of the existing land uses; a concept of
				the restoration actions that could occur on site; the functional lift that
				would occur as a result of the project; and the likelihood that the site will
				develop into a successful wetland mitigation bank or in-lieu fee program
				project.
(h)
Ownership and
				long-term management.
A description of the proposed ownership
				arrangements and long-term management strategies for the mitigation
				site.
(i)
Ecological
				suitability.
A description of the suitability of the mitigation site
				to achieve the proposed objectives, including the physical, chemical, and
				biological characteristics of the site and how they will support the planned
				types of wetland resources and functions; and a description of any known or
				anticipated actions that are currently occurring, or that have a high
				likelihood of occurring in the future, that could negatively impact the success
				of the project, such as mineral or vegetation removal, or the alteration of
				surface or groundwater regimes.
(j)
Hydrology.
Assurance of sufficient water supply and drainage
				rights to sustain the proposed water regimes on the site in both the short- and
				long-term; documentation of any existing or anticipated right of the landowner
				or others to remove water, soil, minerals, or plants from within or adjacent to
				the site boundary; documentation of any existing or anticipated right to drain
				water through, from, or onto the project site or impound water on the project
				site, such as tile outlets onto the property, ditches through the property,
				flooding easements, flowage easements, drainage easements, and maintenance
				easements.
(k)
Site
				maps.
Maps that show the proposed mitigation bank location, ownership,
				soils, topography, mapped existing wetlands, existing easements and
				infrastructure, floodplains and floodways, and existing hydrologic
				manipulations such as ditches, drain tiles, or berms.
(l)
Supporting
				justification.
Information that supports the appropriateness,
				feasibility, and practicability of the compensatory mitigation
				project.