First Mitigation Bank in Wyoming History Approved

May 12, 2014

DumbellRanchMitigationBank.CopyrightTHI2012Trout Headwaters, Inc is pleased to announce the approval of the first mitigation bank in the history of Wyoming and sponsored by Sweetwater River Conservancy, LLC.  Following on publication of the state’s first Stream Mitigation Procedure (SMP), the Dumbell Ranch Mitigation Bank has received approval from the U.S. Army Corps of Engineers, U.S. Environmental Protection Agency, U.S. Fish & Wildlife Service, WY Department of Environmental Quality, Wyoming Department of Game and Fish and the Wyoming State Engineer’s Office.

“This first bank represents a very significant step for advance mitigation in the state and we expect will facilitate increasing restoration efforts across a potentially vast landscape,” said Trout Headwaters’ President, Michael Sprague.

The 1047 acre Stream, Riparian and Wetland Bank will provide credits for an area spanning north of  Rawlins, Wyoming.   The bank will provide credits to offset impacts to palustrine emergent wetlands, riverine wetlands, stream channels, and riparian areas. Prior to THI’s assessment of the property in 2012, the ranch had been used exclusively for cattle grazing and hay production.  As a result of the practices, the stream banks and buffers as well as wetlands had been destroyed or significantly degraded.  Approved plans include restoration of these resources using sustainable techniques and the long-term conservation of these restored resources.

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