Full Public Notice Prospectus Attachment
Harris County Flood Control District (HCFCD), the
Sponsor, has requested authorization for the proposed Harris County Umbrella
Mitigation Bank (HCUMB) in accordance with 33 CFR 332.8(d)(2), for multiple bank
sites within Harris County, Texas. Concurrently the Sponsor is requesting authorization
for the initial two bank sites under the HCUMB, the RMB and BMB. The Sponsor is
proposing to restore, enhance, and preserve both stream and wetland resources within
the HCUMB for the purpose of providing an effective approach to satisfy compensatory
mitigation requirements of the Corps Regulatory Program developed in accordance
with the Compensatory Mitigation for Losses of Aquatic Resources (73 Fed. Reg.
19594, 10 April 2008 (codified in 33 CFR 332)). A Mitigation Banking Instrument (MBI)
will be developed following the aforementioned policy and will detail the legal and
physical characteristics of the bank and how the bank would be established and
operated respectively. Subjects addressed in detail in the MBI will include development
of the site, service area, credit determination, financial assurances, scope of
agreement, purpose and goals of the bank, baseline conditions, performance standards
for restoration or enhancement activities, accounting procedures, monitoring and
reporting, long-term maintenance and protection, and transfer of bank ownership or
sponsorship. The applicant will be working with the Corps and other Federal and State
resource agencies (the Interagency Review Team-IRT) in the development of the MBI.