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SECTION III Natural Resources Revolving Fund Plan City of Lino Lakes WSB Project No. 2988-470 Page 5 III. Results A. Potential Bank Sites Six sites were identified as having wetland banking potential. Each of these sites is summarized below. Table 1 includes the site-specific criteria that were used during the evaluation of the sites. Site 1: Site 1 (Winters Property) is in the northeast quarter of Section 13, Township 31N, Range 22W; approximately 0.75 miles north of County Road 14 (Otter Lake Road), east of Interstate 35E (Figure 6). The potential wetland bank site encompasses approximately 135 acres of a mixture of wetland, woodland, and agricultural land. Wetlands are located throughout the site, some of which are still intact and some that have been altered by over 60 years of farming or grazing practices. Four parcels make up Site 1, and all are owned by the same landowner. Discussions with City staff have indicated a potential willingness by the landowner to sell or partner on a wetland banking opportunity. Portions of the site have been identified as areas of high or medium wetland restoration potential. The site is located within the Greenway System and the Wetland Preservation Corridor, and has been identified as a Natural Resources Conservation Area. Based on a review of available historic aerial photographs (199 1 – 2016), soil data, National Wetland Inventory, and contours it is anticipated that approximately 54 acres of wetland exist within the site. Approximately 12 acres have been farmed since at least the 1960s, and would have the potential to be restored either hydrologically, vegetatively, or both. Based on a 50-foot buffer, approximately 19 acres of upland could be converted into a buffer consisting of native upland vegetation. Remaining upland areas east and north of the wetland bank could be utilized for development. Table 1 below summarizes the anticipated credit potential of a wetland bank at Site 1. Table 1: Summary of Wetland Bank Credit Potential (Site 1) Area (acres) WCA/RCWD Category Percent Eligible WCA Credit (acres) ACOE Category Percent Eligible ACOE Credit (acres) 12 1 50 6.0 1 50 6.0 19 6 25 4.75 6 25 1.5 Total Credits 10.75 7.5 Estimated Sale Potential* $141,570 (for non-ACOE credits) $653,400 Category Definitions 1 – Vegetative Restoration/Enhancement 2 – Wetland Creation 3 – Restoration of Drained or Filled Wetlands/Re-Establishment 4 – Restoration of Partially Drained or Filled Wetlands/Rehabilitation 5 – Restoration and Protection of Exceptional Natural Resources Value 6 – Upland Buffer * Estimated Sale Potential based on an average $2/sf selling price for ACOE-banks in Anoka County and $1/sf for non-ACOE banks Site 2: Site 2 (NE Drainage Area) is in the NE ¼ of Section 14, Township 31N, Range 22W; approximately 0.75 miles north of County Road 14 (Otter Lake Road), west of County Road 54 (20th Avenue) (Figure 7). The potential wetland bank site encompasses approximately 94 acres of mixture of wetland, woodland, and agricultural land. Wetlands are located throughout the site, though many have been altered by either agricultural practices or ditches. Four parcels make up Site 2, with two separate landowners. City staff has engaged with discussions with one of the landowners. Portions of the site have been identified as areas of high or medium restoration potential. The site is within the Greenway System, within the Wetland Preservation Corridor , and some small areas have been identified as a Natural Resources Conservation Areas. The City has completed a feasibility study for this area that would enhance a nearly 1,300-acre area by providing improved drainage, water quality improvements, flood control, and habitat improvements. The proposed design incorporates a channel between 20th Avenue and Peltier