16.50.190 Innovative Mitigation.
(1) The city may encourage and facilitate innovative mitigation projects. Advance mitigation or mitigation banking are examples of alternative mitigation projects allowed under the provisions of this Section where one or more applicants, or an organization with demonstrated capability, may undertake a mitigation project together if it is demonstrated that all of the following circumstances exist:
(a) creation or enhancement of a larger system of critical areas and open space is preferable to the preservation of many individual habitat areas;
(b) the group demonstrates the organizational and fiscal capability to act cooperatively; (c) the group demonstrates that long-term management of the habitat area will be provided; and
(d) there is a clear potential for success of the proposed mitigation at the identified mitigation site.
(2) Conducting mitigation as part of a cooperative process does not reduce or eliminate the required replacement ratios.
(3) Innovative mitigation projects as described in this Section may, at the discretion of the Director of Community Development, be exempted from the timing requirements set forth in Subsection 16.50.160(3). (Ord. 21-15 §6, 2021; Ord. 19-6 §11, 2019; Ord. 03-18 §20, 2003).