Quote:
Originally Posted by T-TOP
So the mitigation bank or banks for the area of development set the price? Its not a flat rate set by the corps? i will look EIP up. Everyone i have talked to that actually mitigated said it wasn't bad. The last being 5 yrs ago. Now everyone that i have talked to that has looked into it and talked to the corps or a Firm, was ran off by some outrageous $35000 for 1 acre, or similar price. Whats the most you have seen a 1acre credit sell for? kind of looking for worst case...
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I do not know worst case, sorry. The organization I work for has mitigation banks in St Tammany Parish but all our credits have been gone for several years.
And its Ecosystem Investment Partners, sorry
This is one of their projects right up the road from you
http://www.ecosystempartners.com/calcasieupinesavanna