Jeffrey Schweers Tallahassee Democrat Published 6:25 PM EDT Mar 12, 2019 For decades, developers of housing, shopping malls and hotels have been able to build on Florida’s wetlands by either helping to restore or clean up wetlands at a different location. But those wetland mitigation banks, used to offset the adverse impact of development, are drying up across the state, especially in south Florida. The Everglades Mitigation Bank and the Hole-in-the-Donut banks have had 9-12 month periods without any credit, and the Loxahatchee bank will run out in five to six months, experts said. Legislation introduced in both houses this session seeks to remedy that pending crisis by opening the gates for local governments to allow developers to restore local public lands bought for conservation if no state or federal mitigation bank credits are available. “We are running out of wetland credits,” Jose Gonzalez, representing the Builders Association of South Florida, told members of the House Agricultural and Natural Resources Subcommittee Tuesday afternoon. The House version, sponsored by Rep. Lawrence McClure, R-Plant City, and Rep. Toby Overdorf, R-Palm City, had its first hearing today, where it was approved with one dissenting vote from Rep. Delores Hogan Johnson, D-Fort Pierce. Mitigation… Read full this story
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