Current through Register Vol. 24-20, October 15, 2024
Section 173-700-211 - Content of the prospectusAt a minimum, the prospectus must contain information on the following elements:
(1) The goals and objectives of the project;(2) Location including city or county, proximity to existing roads and other landmarks, and a vicinity map showing location of the proposed site(s);(3) A statement of how the bank meets any watershed restoration needs and how its design and location are ecologically appropriate;(4) The rationale for site selection addressing the considerations listed in WAC 173-700-303;(5) The general need for the proposed bank project;(6) General site map(s) that includes, but is not limited to:(b) Location, size, and number of existing wetlands;(c) Location of all streams, ponds, and other water features on or adjacent to the site;(d) Location and type of all known water control features on or adjacent to the site; and(e) Presence of rights of way, easements, or other encumbrances.(7) A description of existing conditions of the proposed site(s) including, but not limited to:(b) Local land use or zoning designation;(d) Presence of liens, rights of way, easements, or other encumbrances;(e) The landscape position of the site including water resource inventory area (WRIA), basin, and subbasin location;(f) Wetland types present on the site including Cowardin classification and hydrogeomorphic (HGM) class of each wetland;(g) Other habitat types present;(h) Available information on water sources including surface water features, preliminary groundwater information, soil types, and vegetation;(i) A preliminary analysis of functions provided by on-site wetlands;(j) Adjacent land uses that might affect the bank's function;(k) Site constraints, conflicts, or known risks that could affect bank development or function;(l) Identification of all buildings, structures, and other built features that would remain on the site after construction; and(m) Identification of existing mitigation sites and whether they will remain on-site after construction.(8) Description of conceptual site design, including but not limited to: (a) Proposed types and approximate sizes of wetlands;(b) Other proposed habitat types to be provided;(c) Proposed functions that the bank is anticipated to provide;(d) Description of alterations to hydrology;(e) Location of grading, if applicable; and(f) Proposed structures (e.g., perch poles, weirs, trails, etc.).(9) Figures illustrating the conceptual bank design;(10) Proposed service area and accompanying rationale that demonstrates the service area is ecologically appropriate;(11) Discussion of whether water rights have been applied for or secured for the site, if needed;(12) Identification of proposed permanent protection mechanism, such as a conservation easement;(13) The proposed ownership arrangements and long-term management strategy for the bank;(14) Description of how the proposed bank project meets federal, state, and local laws and rules;(15) Identification of whether the bank site is fully or partially located on agricultural lands of long-term commercial significance;(16) The qualifications of the sponsor to successfully complete the proposed bank project(s), including information describing any past such activities by the sponsor; and(17) The qualifications of the main design team and their areas of expertise.Wash. Admin. Code § 173-700-211
Statutory Authority: Chapter 90.84 RCW. 09-19-013 (Order 04-13), § 173-700-211, filed 9/3/09, effective 10/4/09.