Tour of Petersen Ranch Mitigation Bank
Saturday, July 16, 2016
8 a.m. - 1 a.m. PDT
Lake Hughes, CA, United States
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Remember when you learned about mitigation banking in your environmental planning course? Well, now you can see what a mitigation bank actually looks like! Come join us for a tour of Petersen Ranch. The Petersen Ranch Mitigation Bank (“Bank”) consists of two sites in unincorporated Los Angeles County: the approximately 4,000 acre Petersen Ranch near Leona Valley and the 300+ acre Elizabeth Lake site located within the Congressional boundaries of the Angeles National Forest, on the shores of Elizabeth Lake.
Petersen Ranch is the largest mitigation bank in California and the first mitigation bank in Los Angeles County. Target resources include: wetland and riparian habitats; desert wash; alluvial floodplain; oak & juniper woodlands; native grasslands; mixed chaparral; and scrub communities. The Bank also contains foraging habitat for Swainsons Hawk, and potential habitat for Burrowing Owl, Coast Horned Lizard, Golden & Bald Eagle and other sensitive species.
Purchasing mitigation credits through an approved mitigation bank allows landowners, including cities and agencies, to pay a one-time fee and thereby eliminate the time, frustration and risk associated with applicant-sponsored mitigation.
Particpants will have the opportunity to learn about how the Peterson Ranch Mitigation bank was established, obstacles encountered with starting the program, agencies involved in establishing the program and program management, funding, and other issues pertinent to professional planners.
Julie Vandermost Beeman