Expiration date: 5/7/2025
As stated by the sponsor in the prospectus, urban development, infrastructure and agricultural land use all contribute to the demand for compensatory wetland mitigation bank credits. The proposed Minnesota Meadow Restoration Preserve Wetland Bank is located within a broader landscape that contains a large amount of residential and commercial development. This project is needed to maintain natural resources and their functional values amidst cultivation and urban expansion and would do so by providing wetland credits. According to the sponsor, as of March2025there were80state and federally approved wetland credits available within BSA 7 where the recent average yearly demand for credits has been approximately 140 credits. The objective of the project is to restore self-sustaining and high-functioning fresh wet meadow wetlands with mesic prairie upland buffers to generate state and federal approved wetland mitigation bank credits. These objectives would be achieved by discontinuing agricultural (sod production) use; plugging and/or filling open ditches; and seeding and establishing native, noninvasive vegetation.