The Colbert-Cameron Mitigation Bank (CCMB)

About The Bank: 

The Colbert-Cameron Mitigation Bank (CCMB) is 2,600-acre mitigation bank located in Volusia County, Florida. The Bank provides state and federal credits within the St. Johns River (Basin 18),  Econlockhatchee Nested Basin (Basin 19), Lake Jesup (Basin 23), and part of the Southern St. Johns River (Basin 20) located within the St. Johns River Water Management District. 

The Colbert-Cameron Mitigation Bank (CCMB) was permitted by both the St. Johns River Water Management District (SJRWMD) and the US Army Corps of Engineers, and can be utilized to sell credits to offset unavoidable wetland impacts within the service areas. CCMB is also permitted to offset RHPZ impacts for select projects. 

About The Property: 

The Colbert-Cameron Mitigation Bank (CCMB) started the permit process in 1996, making it one of the first mitigation banks in the state of Florida. Volusia County zoned the mitigation bank (and most of the surrounding tracts) for forestry resource or conservation land uses. More than 40% of CCMB’s 10-mile perimeter is contiguous with other large, protected natural lands including Buck Lake Conservation Area and other mitigation banks. 

Credits were awarded to CCMB for ceasing land-uses adverse to natural habitat management (livestock grazing, timbering); habitat restoration through prescribed fire and thinning of dense pines; and perpetual land preservation. 

The property features various upland and wetland habitats. The mitigation activity that was permitted for CCMB is Preservation. 

Wetlands: Freshwater Marsh (454 Acres), Wet Prairie (173 Acres), Cypress Swamp (129 Acres), Hardwood Swamp (89 Acres), Wet Pine Flatwoods (386 Acres)

Uplands: Mesic Pine Flatwoods (971 Acres), Shrub/Brushland (203 Acres), Pine/Oak Uplands (181 Acres), Palmetto Prairie (14 Acres)

Credit Types & Pricing:

The CCMB sells forested and herbaceous credits at the following prices:

State UMAM Credits – $120,000.00

Federal M-WRAP Credits – $30,000.00

State/Federal Dual – $130,000.00

If you have an adverse effect to a wetland and need to purchase mitigation credits, contact us at the form below and we will be glad to assist.