Moberly Area Economic Development Corporation
Terra Technologies guided a mid-Missouri economic development organization through the Clean Water Act Section 404 & 401 permit process and provided a suitable off-site mitigation parcel which was crucial for permit acquisition. These activities will allow for the development of a 14-acre site at the intersection of the two main highways through Moberly, Missouri.
The Moberly Area Economic Development Corporation sought to gather all necessary development permits for the property in order to attract economic activity to the Moberly area. Clean Water Act Section 404 and 401 permits were needed because of the project’s impacts to the 2.4 acres of onsite wetlands that bisect the property in a former stream channel. The U.S. Army Corps of Engineers agreed that the project was permittable but finding suitable mitigation for the project would be problematic.
The mitigation options that were considered were on-site mitigation, mitigation banks, and off-site mitigation. It was determined that on-site mitigation would not be possible because the proposed commercial development would cover the vast majority of the property and 2.4 acres of wetlands could not be built elsewhere on-site. Buying credits from a mitigation bank was considered, but the site was not within the service area of any mitigation bank and the U. S. Army Corps of Engineers would not allow the purchase of credits from a distant mitigation bank unless a mitigation site within the Salt River watershed could not be found.
Once it was decided that off-site mitigation would be the most ideal form of mitigation, Terra Technologies conducted a thorough analysis of potential mitigation sites within the Salt River watershed, found a suitable property and submitted a mitigation plan that was then approved by the U.S. Army Corps of Engineers. The speed of mitigation parcel identification and mitigation plan approval led to permit acquisition which allowed the site to be successfully sold to a developer.