14-1205 v2.1/Gaddy Residence/Requirements For Owners Whose Mission Is Land Conservation
Our project is in L1 transect, and our client’s activities involve the purchase and conservation of native grasslands. Our understanding is that typically the land purchased to satisfy the intent of the Habitat Exchange imperative is outside the ownership of the client; however, given the nature of our client’s mission, we understand it is possible that the land purchased in the habitat exchange can be owned by our client, as long as it is not an offset that already exists, is not on the project site, and is set aside in perpetuity. Is this correct? If so, at what point in the timeline of the project do the clients need to finalize an additional permanent conservation easement in order for that transaction to count toward the Habitat Exchange criteria?
We are providing a new, optional compliance path for Parks projects and projects with nonprofit owners whose mission is to preserve and protect natural habitats. The following options now exist for these types of projects:
1. Purchase by the owner of an area of land, either on or off their property, that is placed into a conservation easement in perpetuity, provided that the purchase is part of or contiguous with a minimum of 100-acres of intact and high-value ecosystems with an existing conservation easement set aside in perpetuity.
2. Allocation of an area of the owner's existing property which, as part of this project, is placed into a new conservation easement in perpetuity (cannot be an existing conservation easement). The new easement must be part of or contiguous with a minimum of 100-acres of intact and high-value ecosystems that have already been set aside in perpetuity.
At the time of certification, the project team is required to provide a receipt of the Habitat Exchange offset along with an official letter or document from the organization stating the terms of the conservation easement.
Post ID 2004