Mitigation Bank Opens In Solano

Mitigation Bank Opens In Solano
Sacramento Business Journal
Wednesday, February 7, 2007

Wildlands Inc., a mitigation and conservation banking firm, has opened a new mitigation bank in Solano County.

The 627-acre North Suisun Mitigation Bank is to mitigate the impact of development of endangered vernal pool species and the endangered California Tiger Salamander. The bank was created to serve the 12-county area, including Colusa Contra Costa, El Dorado, Napa, Placer, Sacramento, San Joaquin, Solano, Sutter, Yolo and Yuba counties.

"The North Suisun Mitigation Bank provides much-needed habitat to mitigate the impacts of numerous development projects along the Interstate-80 corridor," said Sandy Person, vice president of the Solano County Economic Development Corporation, in a prepared release.

Developers purchase mitigation credits to comply with permit obligations required by the U.S. Army Corps of Engineers, the U.S. Fish & Wildlife Service and the California Department of Fist and Game.