Su Knik Mitigation Bank

South Central Alaska

Mission and Purpose

The purpose of the proposed Su Knik Mitigation Bank is to provide additional mitigation opportunities to permit applicants for unavoidable impacts to waters of the United States.

Utilization of the bank would offer an alternative mitigation option when on-site, in-kind compensatory mitigation opportunities are not available, practicable or capable of compensating for impacts to aquatic resources lost as a result of a permitted activity. Compensatory mitigation means the restoration (re-establishment - rehabilitation), establishment(creation), enhancement and/or in certain circumstances, preservation of aquatic resources for the purpose of offsetting unavoidable adverse impacts which remain after all appropriate and practicable avoidance and minimization has been achieved. Utilization of the Su-Knik Mitigation Bank would offset authorized wetland impacts in the service area through preservation of approximately 12,700 acres of high quality wetlands within the Matanuska-Susitna Borough.

Bank Location 
 The approximately 12,700 acres are made up of three main sites or groupings: The first 
group of parcels is called Big Lake South and totals approximately 2,279 acres. It is located south east of Big Lake, within the Houston, Wasilla, and Palmer growth corridor. At this time the Big Lake South parcels have been certified and have credits available for sale. The second group of parcels called Big Lake West totals approximately 4,923 acres and is located southwest of Big Lake (Big Lake South Service Area