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Change is the Constant

Whether you believe in it or not, we have all had to get used to a multitude of changes this year.  The ability to improvise, adapt, and overcome is more important then ever in business and in life.  This month's newsletter offers some links to help you understand changes in the real estate market and some to the challenges facing land development today in the way of regulatory changes.    

Please be sure to sign up for "Navigating the Chicago Real Estate Market 2010" to get some insight on the upcoming year.   
In This Issue
Navigating the Chicago Real Estate Marke 2010
DuPage County Sotrmwater Ordiance Changes
USACE Wetland Mitigation Changes

Navigate

If you work in the real estate industry, you can't afford not to attend!

Gain valuable, timely, real world insights and ideas on how to position your real estate projects in 2010.

When:
                                                                   Where:                   
Thursday, December 3, 2009                                    Mid America Club
7:30 am    11:30 am                                                200 East Randolph Drive, 80th Floor
                                                                             Chicago, IL 60601
 $50.00 per attendee                                               (312) 861-1100 
 Click here to register!                                             Map and Driving Directions
 
DuPage County Ordiance Changes
DuPage County SealDuPage County and their Municipal partners are starting the first complete and comprehensive review and revision to the DuPage County Countywide Stormwater Ordinance. The Ordinance revisions will affect any new development or re-development within the County of DuPage. The engineering firm Wills Burke Kelsey Associates has taken on the daunting task of updating the 1992 Stormwater Ordinance. 

WBK has a projected first draft date of April 2010.  During the next 6 months or so, WBK will be reviewing comments from all parties (municipal, private, commercial, etc.).  WBK has encouraged the submission of comments to their office.  Each comment will be reviewed and taken into consideration.  You may complete a survey about the Ordinance at http://ec.dupageco.org/stormwaterupdate

In addition, WBK has prepared a blog on the DuPage County website that you may review and post real-time comments on.  The blog is meant to inform interested parties of the on-going updates and ideas regarding the Ordinance.  You can visit the blog at the above website.

We at ENCAP have heard quite a few comments regarding the DuPage County Ordinance over the years and encourage you to participate in this process.
USACE Wetland Mitigation Changes
   
NEW WETLAND MITIGATION REQUIREMENTS FOR USACE CHICAGO DISTRICT
(Source: U.S. Army Corps of Engineers, Chicago District, Regulatory Branch)
 USACE
On April 10, 2008, the U.S. Army Corps of Engineers and U.S. Environmental Protection Agency issued the Final Compensatory Mitigation Rule  to clarify how to provide compensatory mitigation for unavoidable impacts to the nation's wetlands and streams.  The rule does not change when compensatory mitigation is required, but it does change where and how it is required. Compensatory mitigation is typically accomplished through either Mitigation Banks, In-Lieu Fee Mitigation, or Permittee Responsible Mitigation.
 
In order to comply with the new rule, the Chicago District has created a document entitled "CHICAGO DISTRICT PERMITTEE RESPONSIBLE MITIGATION REQUIREMENTS".  This document replaces the "Chicago District 2004 Mitigation Requirements".  The CHICAGO DISTRICT PERMITTEE RESPONSIBLE MITIGATION REQUIREMENTS are now effective and are available by clicking the link.
 
The CHICAGO DISTRICT PERMITTEE RESPONSIBLE MITIGATION REQUIREMENTS focuses on addressing the needs of the local watershed in designing compensatory mitigation areas.  The watershed approach may involve consideration of landscape scale, historic and potential aquatic resource conditions, past and projected aquatic resource impacts in the watershed, and terrestrial connections between aquatic resources.   
 
Compensatory mitigation can include wetlands that are restored (re-established or rehabilitated), created (established), enhanced, or preserved.  Restoration should generally be the first option considered.  Full credit will be given for re-establishment of former wetlands and wetland establishment.  Partial credit can be given for permanent enhancement or rehabilitation of degraded wetlands or in exceptional circumstances, preservation of existing wetlands.  If buffers are required by the Chicago District as part of the compensatory mitigation project, compensatory mitigation credit may be provided for those buffers.
 
The CHICAGO DISTRICT PERMITTEE RESPONSIBLE MITIGATION REQUIREMENTS also contains information regarding mitigation ratios, site selection criteria, mitigation plan development, financial assurances, long term site protection, mitigation project sustainability, long-term management, performance standards, and monitoring requirements.  As always, the Chicago District encourages applicants to participate in a pre-application meeting to discuss potential mitigation requirements and information needs, prior to site plan preparation. 

Upcoming Events
Oh Deer

Nov 19
5:00 p.m. - 7:30 p.m.
Emerging Trends in Real Estate 2010
Hosted by Urban Land Institute
click here for info

Nov. 21
Opening Day Deer Season, Wisconsin

Dec 3
Navigating the Chicago Real Estate Market
See article for Details

Dec 9
8:00 - 3:30
NPDES Compliance
Hosted by Kane DuPage SWCD
at
901 Aqualand Way
St. Charles, IL

Email below to for Agenda and registration
Kelsey Musich, SWCD

January 28-30, 2010
Illinois Park and Recreation Association
Soaring to New Heights Conference
Held at the Hilton Chicago.
Click Here for Details

February 11-12, 2010,
Wisconsin Wetlands Association
15th Annual WWA Wetland Science Conference
Eau Claire, WI.

Click Here to Register

February 16-20, 2010

IECA Annual Conference
Environmental Connection
The World's Largest Soil and Water Event

Hilton Anatole Hotel
Dallas, Texas, USA
Click Here for Details

 MARCH 3-5, 2010
 
2010 Annual Professional Improvement Conference
of the Wisconsin Association of Land Conservation Employees
 
Click Here for Details
Useful Ordinance Links
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Lake County
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