Friday, December 23, 2011
City Banks Wetland Credits
The city of International Falls is purchasing 200 hundred acres of cedar wetlands.
The deal with Forest Capital Partners allows the city to create a bank of wetlands credits that can be applied to developments impacting other areas.
City administrator Rod Otterness says some of first credits will be applied to the planned construction of a new seniors home and hospital.
Both projects had been delayed for several years because lands they want are considered wetland areas.