Section 1791.
1791. (a) Upon receipt of a request pursuant to Section 1790, the department shall determine the number of acres which are wetlands in the bank site based on the criteria established pursuant to Section 1784, and the department shall classify those wetlands according to established biological criteria. (b) The classifications shall include, but are not limited to, […]
Section 1792.
1792. In the interest of assuring that the minimum price for wetland credit is sufficient to ensure the financial integrity of the bank, the department may establish a minimum price for each bank established pursuant to this chapter. The operator may set a higher price to the extent that price is consistent with the terms […]
Section 1792.5.
1792.5. The department shall be reimbursed for those expenses of the department identified in Section 1792 according to a schedule contained in an agreement with the person establishing a wetland mitigation bank. The agreement shall be approved by all parties prior to the commencement of planning activities. (Added by Stats. 1993, Ch. 1254, Sec. 1. […]
Section 1793.
1793. A permittee shall provide compensation pursuant to Section 404 of the federal Clean Water Act (33 U.S.C. Sec. 1344 et seq.). The department shall classify the wetlands that the permittee will remove according to wetland type, consistent with Article 4 (commencing with Section 1790). (Added by Stats. 1993, Ch. 1254, Sec. 1. Effective January […]
Section 1794.
1794. Compensation pursuant to Section 1793 is subject to the condition that the operator establish the trust or bond required by subparagraph (B) of paragraph (3) of subdivision (b) of Section 1786 and, in addition, is subject to the following conditions: (a) The full payment shall be used to purchase credits in the mitigation bank site. […]
Section 1795.
1795. After payment to the operator pursuant to this article, the permittee has no further obligations with respect to the operation of the bank site to which payment was made, unless the permittee has an equity involvement in the bank. (Added by Stats. 1993, Ch. 1254, Sec. 1. Effective January 1, 1994.)
Section 1777.2.
1777.2. “Bank site” or “mitigation bank site” means a publicly or privately owned and operated site on which wetlands have been or will be created in accordance with this chapter to compensate for adverse impacts caused by removal or fill permit activities authorized pursuant to Section 404 of the federal Clean Water Act (33 U.S.C. […]
Section 1796.
1796. No bank site shall be qualified under Section 1785 on or after January 1, 2015. (Amended by Stats. 2009, Ch. 294, Sec. 8. (AB 1442) Effective January 1, 2010.)
Section 1777.5.
1777.5. “Credit” means a numerical value that represents the wetland acreage and habitat values of a mitigation bank site. (Added by Stats. 1993, Ch. 1254, Sec. 1. Effective January 1, 1994.)
Section 1778.
1778. “Operator” means the department, or a public or private person or entity approved by the department, to administer a wetlands mitigation bank site. (Added by Stats. 1993, Ch. 1254, Sec. 1. Effective January 1, 1994.)