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(4) Local public value ratio. A local government <br />unit may by ordinance establish additional local public value <br />ratios to address wetland conservation or preservation issues of <br />local concern. These ratios must have a minimum value of zero <br />and should be based on wetland management objectives of a local <br />water management plan adopted under Minnesota Statutes, chapter <br />103B or 103D. The local preservation ratios must be applied as <br />specified in subitem (5). <br />(5) Application of replacement ratios. The <br />required replacement ratio for out -of -kind replacement shall be <br />the sum of the wetland type ratio plus the hydrologic unit ratio <br />plus the inlet and outlet characteristics ratio plus the local <br />public value ratio. When this ratio is less than the minimum <br />in -kind ratio of 1:1 for wetlands on agricultural land or in <br />counties or watersheds in which 80 percent or more of the <br />presettlement wetland acreage exists, or 2:1 for wetlands on <br />nonagricultural lands in counties where 50 percent or less of <br />presettlement wetlands exist, the minimum in -kind ratio shall be <br />the required replacement ratio. <br />E. Determining impacts of partial drainage. In cases <br />where wetlands will be partially or incompletely drained, the <br />amount of wetland to be replaced must be determined according to <br />the following formula: <br />1 <br />Where: NI =OA - - - -(RA) <br />RR <br />NI = Net impact (acres of original wetland type to be <br />replaced) <br />OA = Original acreage of original wetland type <br />RR = Replacement ratio, determined from table <br />20, using the original wetland type as the <br />impacted wetland type and the wetland type <br />resulting from the partial drainage as the <br />replacement wetland type <br />RA = .Remaining acres of the original wetland <br />Calculation of partial drainage credit is explained by the <br />following example: <br />A ten -acre type 3 (PEMC) wetland is partially drained <br />resulting in a five -acre type 1 (PEMA) wetland. (NI = <br />10 - 1/3(5) = 8 1/3) Eight and one -third acres of type <br />3 wetland is the net impact subject to replacement. <br />F. Determining credit for restoration of partially <br />drained wetlands. In cases where partially drained wetlands are <br />restored to their former state, the acres credited for restoring <br />a partially drained wetland is in two parts. The first is the <br />new wetland credit (NWC) caused by the restoration (for example, <br />if the prerestoration wetland is one acre and postrestoration <br />will be three acres, the new wetland credit is two acres). The <br />second credit is for the change in value of the prerestoration <br />wetland acres. This is the public value credit (PVC) and must <br />54 <br />