Laserfiche WebLink
K:\01904-610\Admin\Docs\2020 Update\Appendix B - References\Credit Valuation Guide_20200611.docx <br /> <br />To summarize: <br /> <br />· The cost of BMP implementation and the land required to manage the runoff from one acre of <br />impervious is $30,650 <br /> <br />$27,200 +E $1.50%?. (( ∗ 2,300 %?. F = $30,650 <br /> <br />· Approximately 1.698 credits are required to infiltrate the mandated volume for a private <br />development that creates 1 acre of new impervious surface. <br /> <br />Therefore, the estimated volume reduction credit value is $30,650 ÷ 1.698 = $18,050. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />1. Rice Creek Watershed District Rules and MPCA Performance Goals <br />2. Assuming $1.50/square foot as a city-wide average (Jay Kennedy, PE, WSB & Associates) <br />3. https://www3.epa.gov/region1/npdes/stormwater/ma/green-infrastructure-stormwater-bmp-cost- <br />estimation.pdf