MITIGATION BANK
MITIGATION BANKING
Mitigation banking is a proven system that allows development projects to offset their impact on wetlands and natural resources. By purchasing credits from certified conservation areas like Tiger Bay Mitigation Bank, developers, organizations, and other purchasers can ensure mitigation for their projects. Mitigation banks are established through the restoration, enhancement, or creation of wetlands and other natural areas. This system guarantees that any environmental damage caused by development is counterbalanced by the preservation and improvement of similar habitats within the same general region.
BENEFITS
Our bank’s primary goal is to provide a sustainable solution that safeguards habitats and improves the environment. By purchasing our mitigation credits, you directly contribute to the restoration, preservation, and enhancement of natural forested and aquatic habitats, ensuring their long-term health and vitality.
Tiger Bay Mitigation Bank is permitted by both the St. Johns River Water Management District and the United States Army Corps of Engineers. Our credits meet the regulatory standards set by these authorities (UMAM), providing you with a reliable and recognized means to offset wetland impacts associated with your development projects.
Mitigation banking is a well-established and regulated system for offsetting environmental impacts. Tiger Bay Mitigation Bank adheres to stringent performance standards set by state and federal agencies. By purchasing credits from us, you can be confident that your environmental damage is being offset through the restoration and improvement of similar habitats within the same region.
MITIGATION BANKING
Mitigation banking is a proven system that allows development projects to offset their impact on wetlands and natural resources. By purchasing credits from certified conservation areas like Tiger Bay Mitigation Bank, developers, organizations, and other purchasers can ensure mitigation for their projects. Mitigation banks are established through the restoration, enhancement, or creation of wetlands and other natural areas. This system guarantees that any environmental damage caused by development is counterbalanced by the preservation and improvement of similar habitats within the same general region.
BENEFITS
Our bank’s primary goal is to provide a sustainable solution that safeguards habitats and improves the environment. By purchasing our mitigation credits, you directly contribute to the restoration, preservation, and enhancement of natural forested and aquatic habitats, ensuring their long-term health and vitality.
Tiger Bay Mitigation Bank is permitted by both the St. Johns River Water Management District and the United States Army Corps of Engineers. Our credits meet the regulatory standards set by these authorities (UMAM), providing you with a reliable and recognized means to offset wetland impacts associated with your development projects.
Mitigation banking is a well-established and regulated system for offsetting environmental impacts. Tiger Bay Mitigation Bank adheres to stringent performance standards set by state and federal agencies. By purchasing credits from us, you can be confident that your environmental damage is being offset through the restoration and improvement of similar habitats within the same region.
A Sustainable Approach to Wetland Conservation and Development Impact Mitigation
Tiger Bay Mitigation Bank plays a crucial role in mitigating the impacts of development projects on wetlands and aquatic ecosystems within the Halifax River Basin. By providing freshwater-forested UMAM credits, the bank enables developers, agencies, and organizations to offset their environmental impact through the purchase of credits, which in turn funds the restoration and preservation of natural habitats. This sustainable solution facilitates economic growth while safeguarding the environment and promoting the well-being of the region.
Tiger Bay Mitigation Bank dedicates approximately 2,500 acres solely to conservation, including mesic flatwoods, wet pine savannah, basin and dome swamp communities. By restoring, preserving, and enhancing these natural forested and aquatic habitats, the bank contributes to the protection of diverse ecosystems. The bank’s efforts involve activities such as pine thinning, prescribed burning, vegetative control, and hydrological restoration, leading to the overall
improvement of the land’s ecological health.
Through the sale of environmental credits, Tiger Bay Mitigation Bank generates funds that are utilized for environmental restoration projects. These initiatives focus on the rehabilitation and enhancement of wetlands and other natural areas within the same general region. By investing in the preservation and improvement of similar habitats, the bank ensures that the
impacts caused by development projects are
counterbalanced, allowing for the long-term
protection and restoration of critical
ecosystems.
Sustainable Development:
Tiger Bay Mitigation Bank strikes a balance between economic growth and environmental responsibility. By offering developers, agencies, and organizations the opportunity to purchase credits, the bank encourages sustainable development practices that consider and mitigate the impact on wetlands and aquatic ecosystems. This approach fosters responsible land use planning, ensuring that development activities coexist harmoniously with
the surrounding natural environment and supporting
the overall well-being of the Halifax River Basin.
A Sustainable Approach to Wetland Conservation and Development Impact Mitigation
Tiger Bay Mitigation Bank plays a crucial role in mitigating the impacts of development projects on wetlands and aquatic ecosystems within the Halifax River Basin. By providing freshwater-forested UMAM credits, the bank enables developers, agencies, and organizations to offset their environmental impact through the purchase of credits, which in turn funds the restoration and preservation of natural habitats. This sustainable solution facilitates economic growth while safeguarding the environment and promoting the well-being of the region.
Tiger Bay Mitigation Bank dedicates approximately 2,500 acres solely to conservation, including mesic flatwoods, wet pine savannah, basin and dome swamp communities. By restoring, preserving, and enhancing these natural forested and aquatic habitats, the bank contributes to the protection of diverse ecosystems. The bank’s efforts involve activities such as pine thinning, prescribed burning, vegetative control, and hydrological restoration, leading to the overall improvement of the land’s ecological health.
Through the sale of environmental credits, Tiger Bay Mitigation Bank generates funds that are utilized for environmental restoration projects. These initiatives focus on the rehabilitation and enhancement of wetlands and other natural areas within the same general region. By investing in the preservation and improvement of similar habitats, the bank ensures that the impacts caused by development projects are counterbalanced, allowing for the long-term protection and restoration of criticalecosystems.
Sustainable Development:
Tiger Bay Mitigation Bank strikes a balance between economic growth and environmental responsibility. By offering developers, agencies, and organizations the opportunity to purchase credits, the bank encourages sustainable development practices that consider and mitigate the impact on wetlands and aquatic ecosystems. This approach fosters responsible land use planning, ensuring that development activities coexist harmoniously with
the surrounding natural environment and supportingthe overall well-being of the Halifax River Basin.
About Tiger Bay
At Tiger Bay Mitigation Bank, we are dedicated to providing Freshwater-Forested and Palustrine-Forested UMAM credits to counter the unavoidable wetland impacts caused by development projects within the Halifax River Basin (Basin 17). Our goal is to offer a sustainable solution that protects habitats, enhances the environment, and promotes development and economic growth in the area.
MITIGATION SERVICE AREA
Located in Volusia County, our pristine 2,500-acre property is entirely dedicated to conservation. We are adjacent to the East of Tiger Bay State Forest, a wildlife management area, and just a few miles west of I-95. Established in 2018, Tiger Bay Mitigation Bank focuses on restoring, preserving, and enhancing the natural forested and aquatic habitats found within our land.
Tiger Bay Mitigation Bank proudly serves the St. Johns River Water Management District (SJRWMD) and the United States Army Corps of Engineers (USACOE). Developers, agencies, and other organizations can purchase environmental credits from us to mitigate the impact of their projects on designated wetlands or aquatic ecosystems within the Halifax River Basin (Basin 17). The funds generated from the sale of these credits are then utilized to finance the environmental restoration projects undertaken by our mitigation bank.
About Tiger Bay
At Tiger Bay Mitigation Bank, we are dedicated to providing Freshwater-Forested and Palustrine-Forested UMAM credits to counter the unavoidable wetland impacts caused by development projects within the Halifax River Basin (Basin 17). Our goal is to offer a sustainable solution that protects habitats, enhances the environment, and promotes development and economic growth in the area.
MITIGATION SERVICE AREA
Located in Volusia County, our pristine 2,500-acre property is entirely dedicated to conservation. We are adjacent to the East of Tiger Bay State Forest, a wildlife management area, and just a few miles west of I-95. Established in 2018, Tiger Bay Mitigation Bank focuses on restoring, preserving, and enhancing the natural forested and aquatic habitats found within our land.
Tiger Bay Mitigation Bank proudly serves the St. Johns River Water Management District (SJRWMD) and the United States Army Corps of Engineers (USACOE). Developers, agencies, and other organizations can purchase environmental credits from us to mitigate the impact of their projects on designated wetlands or aquatic ecosystems within the Halifax River Basin (Basin 17). The funds generated from the sale of these credits are then utilized to finance the environmental restoration projects undertaken by our mitigation bank.
OUR CONSERVATION EFFORTS
Our diverse ecosystem comprises beautiful mesic flatwoods, wet pine savannah, basin and dome swamp communities. Through our dedicated preservation efforts, which include pine thinning, prescribed burning, vegetative control, hardwood and pine planting, and substantial hydrological restoration activities, we aim to further improve these habitats.
Hydrological enhancement is an essential approach in restoring natural hydrological flows and hydroperiods, which are critical for maintaining healthy ecosystems and water resources. This process involves various activities such as removing culverts, installing low water crossings, and blocking ditches. These interventions aim to recreate or mimic natural hydrological conditions, allowing water to flow more freely and restore the natural hydrological processes.
- 01. Removal of culverts
- 02. Installation of low water crossings
- 03. Ditch blocking
Prescribed burning is a valuable tool used to restore natural communities and maintain their ecological health. By carefully planning and executing controlled fires under specific conditions, prescribed burning helps mimic the natural fire regime that many ecosystems depend on. These intentional fires remove accumulated dead vegetation, promote nutrient cycling, control invasive species, and stimulate the germination of native plants. The rejuvenation of natural communities through prescribed burning not only enhances biodiversity and wildlife habitat but also reduces the risk of catastrophic wildfires by reducing fuel loads and maintaining a balanced ecosystem.
The restoration of natural vegetative structural components within disturbed wetland depressions and swamps involves the crucial steps of removing inappropriate species and replanting appropriate ones. By eliminating invasive or non-native plants and reintroducing native species, the wetland’s original ecological balance can be reestablished. Additionally, controlling floral and faunal nuisance species through various land management techniques, mechanical removal, and targeted herbicides helps to preserve the integrity and functionality of the wetland ecosystem. These restoration efforts aim to enhance biodiversity, restore habitat connectivity, and promote the overall health and resilience of the wetland environment.
- 01. Control of floral and faunal nuisance species: through land management, mechanical removal, and/or targeted herbicides
- 02. Replanting of appropriate species of flora
The elimination of silvicultural planting activities aims to promote the preservation of natural habitats and reduce human intervention in forest ecosystems. This approach involves refraining from planting trees artificially and allowing natural regeneration to occur. Additionally, the discontinuation of herbicide and fertilizer use helps maintain the ecological balance and prevents potential harm to the environment. By eliminating periodic harvesting of trees from natural communities, the focus is shifted towards long-term conservation rather than short-term economic gains.
- 01. Elimination of use of herbicide and fertilizer
- 02. Elimination of periodic harvesting of trees
- 03. Preservation of natural habitats: to protect from future silvicultural disturbances or development
Protection from high-intensity hunting is crucial for preserving biodiversity and maintaining healthy ecosystems. Our strategy is to limit the hunting plan in accordance with responsible game-management policies. By implementing regulations that establish sustainable hunting quotas, enforce seasonal restrictions, and protect endangered species, we can ensure the long-term survival of wildlife populations. These measures promote responsible hunting practices, strike a balance between human needs and ecological integrity, and safeguard the delicate harmony of our natural world.
Conservation easements play a crucial role in the implementation of mitigation banking, serving as a valuable tool for preserving and protecting natural habitats and resources. A conservation easement is a legally binding agreement between a landowner and a qualified conservation organization or government agency that restricts certain types of development on the property in perpetuity. In the context of mitigation banking, these easements can be strategically placed on ecologically significant lands to offset potential environmental impacts from development elsewhere. By permanently conserving ecologically sensitive areas, such as wetlands or endangered species habitats, developers can acquire mitigation credits, which can then be sold to those needing to offset their unavoidable impacts. This innovative approach fosters a win-win scenario, enabling economic development while safeguarding vital ecosystems and promoting sustainable land use practices.
OUR CONSERVATION EFFORTS
Our diverse ecosystem comprises beautiful mesic flatwoods, wet pine savannah, basin and dome swamp communities. Through our dedicated preservation efforts, which include pine thinning, prescribed burning, vegetative control, hardwood and pine planting, and substantial hydrological restoration activities, we aim to further improve these habitats.
Hydrological enhancement is an essential approach in restoring natural hydrological flows and hydroperiods, which are critical for maintaining healthy ecosystems and water resources. This process involves various activities such as removing culverts, installing low water crossings, and blocking ditches. These interventions aim to recreate or mimic natural hydrological conditions, allowing water to flow more freely and restore the natural hydrological processes.
- 01. Removal of culverts
- 02. Installation of low water crossings
- 03. Ditch blocking
Prescribed burning is a valuable tool used to restore natural communities and maintain their ecological health. By carefully planning and executing controlled fires under specific conditions, prescribed burning helps mimic the natural fire regime that many ecosystems depend on. These intentional fires remove accumulated dead vegetation, promote nutrient cycling, control invasive species, and stimulate the germination of native plants. The rejuvenation of natural communities through prescribed burning not only enhances biodiversity and wildlife habitat but also reduces the risk of catastrophic wildfires by reducing fuel loads and maintaining a balanced ecosystem.
The restoration of natural vegetative structural components within disturbed wetland depressions and swamps involves the crucial steps of removing inappropriate species and replanting appropriate ones. By eliminating invasive or non-native plants and reintroducing native species, the wetland’s original ecological balance can be reestablished. Additionally, controlling floral and faunal nuisance species through various land management techniques, mechanical removal, and targeted herbicides helps to preserve the integrity and functionality of the wetland ecosystem. These restoration efforts aim to enhance biodiversity, restore habitat connectivity, and promote the overall health and resilience of the wetland environment.
- 01. Control of floral and faunal nuisance species: through land management, mechanical removal, and/or targeted herbicides
- 02. Replanting of appropriate species of flora
The elimination of silvicultural planting activities aims to promote the preservation of natural habitats and reduce human intervention in forest ecosystems. This approach involves refraining from planting trees artificially and allowing natural regeneration to occur. Additionally, the discontinuation of herbicide and fertilizer use helps maintain the ecological balance and prevents potential harm to the environment. By eliminating periodic harvesting of trees from natural communities, the focus is shifted towards long-term conservation rather than short-term economic gains.
- 01. Elimination of use of herbicide and fertilizer
- 02. Elimination of periodic harvesting of trees
- 03. Preservation of natural habitats: to protect from future silvicultural disturbances or development
Protection from high-intensity hunting is crucial for preserving biodiversity and maintaining healthy ecosystems. Our strategy is to limit the hunting plan in accordance with responsible game-management policies. By implementing regulations that establish sustainable hunting quotas, enforce seasonal restrictions, and protect endangered species, we can ensure the long-term survival of wildlife populations. These measures promote responsible hunting practices, strike a balance between human needs and ecological integrity, and safeguard the delicate harmony of our natural world.
Conservation easements play a crucial role in the implementation of mitigation banking, serving as a valuable tool for preserving and protecting natural habitats and resources. A conservation easement is a legally binding agreement between a landowner and a qualified conservation organization or government agency that restricts certain types of development on the property in perpetuity. In the context of mitigation banking, these easements can be strategically placed on ecologically significant lands to offset potential environmental impacts from development elsewhere. By permanently conserving ecologically sensitive areas, such as wetlands or endangered species habitats, developers can acquire mitigation credits, which can then be sold to those needing to offset their unavoidable impacts. This innovative approach fosters a win-win scenario, enabling economic development while safeguarding vital ecosystems and promoting sustainable land use practices.
offset your environmental impact while protecting and enhancing The Halifax River basin
At Tiger Bay Mitigation Bank, we uphold the highest standards in ecological integrity and environmental stewardship. We operate under the strict regulations set by state and federal agencies, ensuring that our mitigation efforts meet stringent performance standards. By purchasing mitigation credits from Tiger Bay Mitigation Bank, you not only fulfill regulatory requirements but also contribute to the restoration efforts of these valuable ecosystems.
offset your environmental impact while protecting and enhancing The Halifax River basin
At Tiger Bay Mitigation Bank, we uphold the highest standards in ecological integrity and environmental stewardship. We operate under the strict regulations set by state and federal agencies, ensuring that our mitigation efforts meet stringent performance standards. By purchasing mitigation credits from Tiger Bay Mitigation Bank, you not only fulfill regulatory requirements but also contribute to the restoration efforts of these valuable ecosystems.
CREDIT PRICING
AND AVAILABILITY
We offer competitive pricing for mitigation credits, ensuring cost-effective solutions for our clients. Our pricing structure includes options for state credits, federal credits, and dual credits (both state and federal), accommodating various project requirements. We also provide discounted rates for bulk pricing, ensuring cost-effectiveness for your mitigation needs.
Freshwater Forested UMAM (state) Credits
-
Freshwater Forested UMAM credits are a state-level mitigation initiative designed to conserve and restore forested wetlands within freshwater ecosystems. By promoting sustainable management practices and protecting these vital habitats, these credits help counterbalance human impacts and foster ecological resilience.
palustrine forested UMAM (federal) credits
-
Palustrine Forested UMAM credits operate at the federal level and focus on the restoration and preservation of forested wetlands in a variety of landscapes. Through the Uniform mitigation assessment method (UMAM), these credits incentivize landowners to participate in wetland conservation efforts, aiding in biodiversity conservation and flood control.
Dual
(State & federal) credits
-
Dual credits represent a unique synergy between state and federal mitigation programs, providing double incentives for conservation efforts. By participating in both state and federal initiatives simultaneously, landowners can maximize their impact, securing comprehensive support for projects targeting critical ecosystems and environmental sustainability.
CREDIT PRICING AND AVAILABILITY
We offer competitive pricing for mitigation credits, ensuring cost-effective solutions for our clients. Our pricing structure includes options for state credits, federal credits, and dual credits (both state and federal), accommodating various project requirements. We also provide discounted rates for bulk pricing, ensuring cost-effectiveness for your mitigation needs.
Freshwater Forested UMAM (state) Credits
-
Freshwater Forested UMAM credits are a state-level mitigation initiative designed to conserve and restore forested wetlands within freshwater ecosystems. By promoting sustainable management practices and protecting these vital habitats, these credits help counterbalance human impacts and foster ecological resilience.
palustrine forested UMAM (federal) credits
-
Palustrine Forested UMAM credits operate at the federal level and focus on the restoration and preservation of forested wetlands in a variety of landscapes. Through the Uniform mitigation assessment method (UMAM), these credits incentivize landowners to participate in wetland conservation efforts, aiding in biodiversity conservation and flood control.
Dual
(State & federal) credits
-
Dual credits represent a unique synergy between state and federal mitigation programs, providing double incentives for conservation efforts. By participating in both state and federal initiatives simultaneously, landowners can maximize their impact, securing comprehensive support for projects targeting critical ecosystems and environmental sustainability.
Discover Our Dedicated
Conservation Efforts
Tiger Bay Mitigation Bank dedicates approximately 2,500 acres solely to conservation, including mesic flatwoods, wet pine savannah, basin and dome swamp communities. By restoring, preserving, and enhancing these natural forested and aquatic habitats, the bank contributes to the protection of diverse ecosystems.
Discover Our Dedicated Conservation Efforts
Tiger Bay Mitigation Bank dedicates approximately 2,500 acres solely to conservation, including mesic flatwoods, wet pine savannah, basin and dome swamp communities. By restoring, preserving, and enhancing these natural forested and aquatic habitats, the bank contributes to the protection of diverse ecosystems.
HAVE ANY QUESTIONS? DON't HESITATE TO REACH US
Contact us today to learn more about how Tiger Bay Mitigation Bank can assist you in offsetting your project’s environmental impact while preserving and enhancing the natural beauty of the Halifax River Basin (Basin 17). Together, we can create a brighter future for our environment and promote responsible development.
HAVE ANY QUESTIONS? DON't HESITATE TO REACH US
Contact us today to learn more about how Tiger Bay Mitigation Bank can assist you in offsetting your project’s environmental impact while preserving and enhancing the natural beauty of the Halifax River Basin (Basin 17). Together, we can create a brighter future for our environment and promote responsible development.