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Who We Are
Bank Sponsor: Prairie Creek Ventures
Design/Monitoring:
Warren
Ranch
Group
Restoration Systems
• Established in Raleigh, NC in 1998 “to
improve the quality of environmental
restoration and mitigation”
• Established the first stream bank created
via dam removal and the first water quality
bank in the US
• 10 Employees with over 40 projects in 8
different states
• 25,000 acres of wetlands and 50 miles of
streams
Katy Prairie Conservancy
• Executive Director Mary Anne Piacentini
• Est. 1992 “To protect a sustainable portion
of the Katy Prairie for the benefit of its
wildlife and all Texans forever.”
• 18k acres currently protected with the goal
of reaching 50k
How Did We Get Here?
• 2007 National Mitigation Banking Conference
• 2008 Mitigation Rule Released
• 2009 Draft Prospectus Submitted
• 2011 (July) Interim Stream Condition
Assessment SOP Released
• 2011 (Oct/Nov) Katy Prairie Stream Mitigation
Umbrella Bank approved
Katy Prairie Stream Mitigation
Umbrella Bank
• The first major stream bank permitted in the
Galveston District and one of the largest in
the US
• Total feet of potential stream restoration is
over 100,000’
• Phase I (Warren Creek) totals 17,760’ of
stream restoration
• Phase I has the potential to generate over
52,000 stream credits
Construction
• 17,760’ of Priority Level I Stream Restoration
• 100’ Riparian Buffer
• Prairie Pothole Wetland Restoration
• Cattle Exclusion
• Invasive Species Management
• Texas Prairie Dawn Protection
Monitoring & Long Term
Management
• Monitor project for a minimum of 7 years
• Phase I will monitor physical, chemical and
biological parameters
• Long Term Management will be supervised
by the Texas Land Conservancy
Why this Bank is Unique
• Location- <32 miles from Downtown
Houston
• Scale- will be one of largest stream banks in
the US
• Relationship- revenue generated will be
utilized to protect and restore additional
areas.
Permittee Information
(Credit Release Schedule)
Permittee Information
(Service Area)
• Primary
• Spring (12040102)
• Buffalo (12040104)
• Secondary
• West Fork of San Jacinto (12040101)
• West Galveston Bay (12040204)
• Austin-Oyster (12040205)
Contact Information
Travis Hamrick
travis@restorationsystems.com
919.819.0014
www.restorationsystems.com

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Katy Prairie Stream Mitigation Umbrella Bank: Protecting Over 100k Feet of Streams

  • 1.
  • 2. Who We Are Bank Sponsor: Prairie Creek Ventures Design/Monitoring: Warren Ranch Group
  • 3. Restoration Systems • Established in Raleigh, NC in 1998 “to improve the quality of environmental restoration and mitigation” • Established the first stream bank created via dam removal and the first water quality bank in the US • 10 Employees with over 40 projects in 8 different states • 25,000 acres of wetlands and 50 miles of streams
  • 4. Katy Prairie Conservancy • Executive Director Mary Anne Piacentini • Est. 1992 “To protect a sustainable portion of the Katy Prairie for the benefit of its wildlife and all Texans forever.” • 18k acres currently protected with the goal of reaching 50k
  • 5. How Did We Get Here? • 2007 National Mitigation Banking Conference • 2008 Mitigation Rule Released • 2009 Draft Prospectus Submitted • 2011 (July) Interim Stream Condition Assessment SOP Released • 2011 (Oct/Nov) Katy Prairie Stream Mitigation Umbrella Bank approved
  • 6. Katy Prairie Stream Mitigation Umbrella Bank • The first major stream bank permitted in the Galveston District and one of the largest in the US • Total feet of potential stream restoration is over 100,000’ • Phase I (Warren Creek) totals 17,760’ of stream restoration • Phase I has the potential to generate over 52,000 stream credits
  • 7.
  • 8. Construction • 17,760’ of Priority Level I Stream Restoration • 100’ Riparian Buffer • Prairie Pothole Wetland Restoration • Cattle Exclusion • Invasive Species Management • Texas Prairie Dawn Protection
  • 9. Monitoring & Long Term Management • Monitor project for a minimum of 7 years • Phase I will monitor physical, chemical and biological parameters • Long Term Management will be supervised by the Texas Land Conservancy
  • 10. Why this Bank is Unique • Location- <32 miles from Downtown Houston • Scale- will be one of largest stream banks in the US • Relationship- revenue generated will be utilized to protect and restore additional areas.
  • 11.
  • 13. Permittee Information (Service Area) • Primary • Spring (12040102) • Buffalo (12040104) • Secondary • West Fork of San Jacinto (12040101) • West Galveston Bay (12040204) • Austin-Oyster (12040205)
  • 14.

Editor's Notes

  1. 2007 presentation topic was “Stream Impact Mitigation: One Law, Many Interpretations - A Summary of the Market in the Southeast United States Rule- level playing field, preference for banks, in-kind
  2. Overtime will become one of the largest in the US to utilize NSCD Potential is just on the Warren Ranch property. As additional property is acquired , new opportunities may present itself