Tour of Petersen Ranch Mitigation Bank

APA California Chapter, Los Angeles Section

#9109017

Saturday, July 16, 2016
8 a.m. - 1 a.m. PDT

Lake Hughes, CA, United States

CM | 5

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Overview

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.  

Resource URL

http://apalosangeles.org/news-events/events/?entry=673

Speakers

Julie Vandermost Beeman

Invited Speaker

Julie Vandermost Beeman is the owner of VCS Environmental, a 15-member WBE/UDBE/SBE firm located in San Juan Capistrano specializing in the preparation of California Environmental Quality Act (CEQA) and National Environmental Policy Act (NEPA) documents, biological flora and fauna surveys and reports and regulatory permitting related to waters ... Read More

Tracey Brownfield

Invited Speaker

Tracey Brownfield has over 28 years experience in land acquisition, due diligence, entitlements, real estate finance and development. Brownfield joined Copley Real Estate Advisors in 1983, where she was involved in the negotiation of over $500 million joint venture real estate development projects in California, consisting of large scale master ... Read More