VIRGINIA AQUATIC RESOURCES TRUST FUND

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VIRGINIA AQUATIC RESOURCES TRUST FUND
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Goals of the Trust Fund

• Provide an efficient mitigation alternative
• for applicants and agencies
• Compensate for impacts (w/in watersheds)
• Provide higher ratios than other options
• Provide Mitigation with Landscape Context

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Benefits To Agencies

• 654 Stream and Wetland Permits have used the
  Fund.
• Average Impact per permit- 0.43 acres 645 feet.
• Avoided 654 postage stamp mitigation proposals
  no need for plan review, visits, or approval.
  Time saved, more compliance checks.
• Fewer mitigation failures partial failures
  matter less, due to ratios.
• Very efficient option for Virginia DOT.
  (frequent use)

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Other Benefits

• TNCs Conservation by Design effort
• targets TE rare communities.
• support the protection of Virginias Natural
  Heritage (VA DCR).
• Corridor Connections
• Link protected blocks of land where possible.
• Historic Resources
• Protected if dovetails w/ mitigation projects.

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Mitigation Standards

• Meet normal standards for mitigation (87
  Manual)
• Monitoring to ensure mitigation success.
• Automatic Reading Wells (daily data)

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Non Tidal Impacts 2005

• 184 Acres 13.7 Million in Revenues
• 5.3 Million Allocated to Mitigation Projects.
  (8.4m remains)
• 5.3m is equivalent to 86 acres of impacts.

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Non Tidal Stats (acres 2005)

• For Impacts to 86 acres
• NT Restoration (constructed, monitoring)
  406.5
• NT Restoration (planning/construction)
  59
• Preservation/Enhancement 1825
• Upl Buffers (restored preserved) 694
• Total Acres Protected
  2984.5

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Selected NT Wetland Projects
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NW River Projects
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Stephens Tract
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NW River Projects
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Back Bay Sites
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Fentress Site, post grading
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Pocaty Creek/NLR
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Lower James

• Walters Stephens

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Walters Tract
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Stephens Tract
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York River Basin

• Gwathmey and Po River Sites

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Gwathmey
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Po River
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Historic Component
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Chesapeake Bay

• Dameron Marsh, Dragon Run, Trimmer Tract

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Dameron Marsh
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Trimmer
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Revenues Remaining Additional Projects

• 8.4 M Remaining (05)
• BP Amoco (628 ac)
• Cavalier (approved 150 ac of 3000)
• Rappahannock Easement (4200 ac)
• Total additional acres 4,928 Cost 2.33
  million

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Rappahannock River Easement
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Questions?