RIP Kelsey "Bigdawg" Cromer
12-26-98 12-1-13
If love could have saved you, you would have lived forever.
Missing you my great friend.
The story I got on how all this went down, could be or could not be 100% correct. What I was told....group buys land, club is is told get out, group sells credits, does easement and then turns it over.
I have little knowledge of how the mitigation credits work but is there that much $ in them for the group to make a substantial profit (has to be, right)? I assume said group had assures they would be awarded the mitigation and easement stuff prior to purchase? Can I also assume a hefty percentage of the funds (not including mitigation $) used to return this land back to its original state will public?
Last edited by 3 1/2" MAGUM; 03-21-2024 at 12:34 PM.
I have no knowledge of this deal but the relationships between government officials, conservation organizations, land brokers and big pocket industrial boondoggles in deals like this are often incestuous to say the least.
DILLIGAF
Think that's crazy? The marsh in Edisto from Big Bay Creek, to St. Pierre, to the river, used to be "state land". Some group sent a fella to London for a.couple.of years to do the research, came back and took the state to court to get said land back. That land being Mud Creek and the marsh. Turns out it was all kings grant. Why the he'll would you go through all that trouble you ask? Conservation land mitigation credit stuffs. Now, those people can sell it for $$$$ to "offset" some sort of other project. Tell me wat they are protecting from development there?
Gotcha. County GIS suggests no one owns that. Must be waiting on a court order and deed.
DILLIGAF
The South Carolina Conservation Bank has provided funding for:
Acres available for full public access: 88,070 – 66,786 acres of these lands are now owned by DNR and are WMAs.
Including:
Acres available for urban parks: 11,088
Acres available for historic sites: 730
Acres available for farmland: 1,491
Acres available for limited public access: 98,688
Including:
Acres available for campsites: 16,567
Acres available for youth hunts: 4,505
Acres available for farmland: 6,034
Total acres with public access: 186,760
64% of the Conservation Bank grants acres have significant public access. 43% of which have full public access. 79% of the Conservation Bank funds have been expended on these grants.
Conservation banks generally protect threatened or endangered species habitat or other sensitive resources, while mitigation banks conserve existing, restored, enhanced, or created wetland habitats that may also provide habitat for listed species.
Mitigation could be seen as contributing to the increasing cost of land because some mitigation work requires that large amounts of land be purchased or put into conservation easements. Mitigation can therefore compete with other rural land uses such as agriculture and residential development.
One stop” permit compliance including habitat protection, long-term management, maintenance, and monitoring. More efficient. This means a permittee can likely satisfy mitigation requirements faster buying a credit than creating Permittee Responsible Mitigation.
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