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PDFWAC 173-700-300

Ecological design incentives.

(1) One goal of this chapter is to encourage the development of banks that provide significant ecological benefits and are sustainable. In order to achieve this, incentives have been built into the certification and bank establishment process to encourage the siting and designing of banks that provide significant ecological benefits and restore watershed processes in areas identified as high priorities under a watershed-based approach to mitigation.
(2) The incentives may include, but are not limited to, more favorable credit conversion rates and larger service areas.
(3) The department shall make decisions regarding the application of specific incentives on a case-by-case basis.
[Statutory Authority: Chapter 90.84 RCW. WSR 09-19-013 (Order 04-13), ยง 173-700-300, filed 9/3/09, effective 10/4/09.]
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