Expiration date: 4/30/2015
This Public Notice pertains to the Prospectus for the proposed Peruque Creek Stream Mitigation Bank. The bank sponsor, Mid Rivers Investment Group, proposes to establish an approximate 42-acre stream mitigation bank in Wentzville, St. Charles County, Missouri. The bank would enhance and restore approximately one mile of Peruque Creek and its riparian corridor. The purpose of the proposed bank is to provide a source of compensatory mitigation; for Department of the Army, Section 404 permit applicants who are required to offset losses of waters of the United States as a result of their actions.
Mid Rivers Investment Group submitted a Prospectus for the proposed bank dated February 23, 2015. The U.S. Army Corps of Engineers, St. Louis District (the Corps) has determined that the Prospectus generally meets the requirements for completeness as defined in the Mitigation Rule, 33 U.S.C. Part 332.8(d)(2). The approval of the Prospectus does not authorize the construction and operation of the bank. Rather, the approval of the Prospectus authorizes the sponsor to prepare a draft Banking Instrument. If approved, the Banking Instrument will serve as an agreement between the Corps and the sponsor regarding the construction, operation, and management of the bank. The Corps solicits your comments regarding the proposed bank. All comments must be received by April 30, 2015.