Credit Purchase Procedures

  1. An Applicant planning a project within the KWBA Permit Area that may require incidental take or mitigation should submit the following documents to the wildlife agencies: (1) project description; (2) map of project; and (3) biological resource survey. The contact information for USFWS and CDFG is as follows:

             USFWS                                               CDFG
             2800 Cottage Way – W2605          1234 East Shaw Avenue
             Sacramento, CA 95825                   Fresno, CA 93710
             (916) 414-6600                                 (559) 243-4014

  1. The wildlife agencies will determine whether the land lost, temporarily or permanently, contains habitat of comparable or lesser value than the habitat in the Conservation Bank. They will also determine the amount of disturbance to be mitigated and the amount of mitigation required. Also, the wildlife agencies may establish on-site avoidance and minimization requirements.
     
  2. The Applicant should also contact KWBA to discuss availability and cost of conservation credits. A disclosure letter may be requested by the Applicant which describes the application process and conservation credit fees.
     
  3. The current fees to purchase KWBA conservation credits are: (a) $5,000 per transaction; (b) $15,000 per conservation credit; and (c) $375 per conservation credit which is forwarded to the CDFG Endowment Fund. The KWBA Board of Directors reviews these fees periodically, and may adjust them at any time.
     
  4. When the authorizing documents, usually letters from the wildlife agencies, and payment from the Applicant are received by KWBA, a letter confirming the transaction is issued to the Applicant and both wildlife agencies.
     
  5. At the end of the fiscal year, KWBA will issue Conservation Credit Certificates to: (1) the Applicant; (2) USFWS; and (3) CDFG indicating that a certain number of credits have been dedicated to the wildlife agencies on behalf of the project.
     
  6. KWBA will then permanently retire the Conservation Credits, by submitting a recordable Conservation Easement to CDFG for the purchased credits. Also, KWBA will forward the Endowment Funds ($375 per credit) collected from the credit buyers to CDFG.