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G:\.Clients All\Hugo\Proposals\North Star Wetland Bank\Prospectus\PROPOSAL_North Star Wetland Bank Prospectus - 052323.docx relief that may not be represented in existing level 1 data sets. This information will also be used to further refine construction cost estimates. 3. Both a Natural Heritage Information System (NHIS) and a MN State Historic Preservation Office (SHPO) review will be required to ensure the project can move forward without encountering ecological, historical, and or cultural issues that can greatly influence the design, viability, and schedule of the project. WSB staff will submit for review under both these programs. This task does not include field surveys. 4. Completing an additional existing vegetation survey will be needed to characterize the vegetative community at survey plots that were established during the 2022 growing season. These data determine the floristic quality and abundance of invasive species to quantitatively show “functional lift” from existing to proposed conditions with respect to both wetland and upland vegetation. 5. The concept plan from the draft prospectus will be refined into a CAD based concept (60%) plan based on topography, hydrology data, hydraulic modelling, and soils data collected for the stie. 6. A draft conservation easement description and title review will be completed for the parcel. 7. Hydrologic and hydraulic analysis will be completed for the site based on existing conditions and the proposed site plan. WSB staff will model existing site hydrology and model proposed bank design alternatives to determine if hydrology can be maintained to meet performance standards while effectively moving excess water downstream so as not to negatively impact adjacent properties and infrastructure. 8. The Prospectus document will be drafted based on the data collected under this phase of the banking process and will be submitted to the TEP and Board of Water and Soil Resources/US Army Corps of Engineers Interagency Review Team (IRT) for review and comment. 9. WSB will attend a TEP/IRT meeting to discuss the prospectus application. 10. This task includes TEP/IRT comment coordination with the project team and TEP/IRT members. If the TEP/IRT requests that the comments be addressed in the prospectus document prior to moving on to the Mitigation Banking Instrument, a separate scope of work will be provided for that work. 11. A level 2 wetland delineation will be completed for the site including sample points along each ditch, at historic spoil piles and throughout the interior of the site. This will give a true depiction of the wetland complex and will determine whether this project can receive Restoration or Enhancement credits.