WAC 173-700-211. Content of the prospectus

At a minimum, the prospectus must contain information on the following elements: (1) The goals and objectives of the project; (2) Location including city or county, proximity to existing roads and other landmarks, and a vicinity map showing location of the proposed site(s); (3) A statement of how the bank meets any watershed restoration needs and how its design and location are ecologically appropriate; (4) The rationale for site selection addressing the considerations listed in WAC 173-700-303 ; (5) The general need for the proposed bank project; (6) General site map(s) that includes, but is not limited to: (a) Total area of site; (b) Location, size, and number of existing wetlands; (c) Location of all streams, ponds, and other water features on or adjacent to the site; (d) Location and type of all known water control features on or adjacent to the site; and (e) Presence of rights of way, easements, or other encumbrances. (7) A description of existing conditions of the proposed site(s) including, but not limited to: (a) Land ownership; (b) Local land use or zoning designation; (c) Current use; (d) Presence of liens, rights of way, easements, or other encumbrances; (e) The landscape position of the site including water resource inventory area (WRIA), basin, and subbasin location; (f) Wetland types present on the site including Cowardin classification and hydrogeomorphic (HGM) class of each wetland; (g) Other habitat types present; (h) Available information on water sources including surface water features, preliminary groundwater information, soil types, and vegetation; (i) A preliminary analysis of functions provided by on-site wetlands; (j) Adjacent land uses that might affect the bank's function; (k) Site constraints, conflicts, or known risks that could affect bank development or function; (l) Identification of all buildings, structures, and other built features that would remain on the site after construction; and (m) Identification of existing mitigation sites and whether they will remain on-site after construction. (8) Description of conceptual site design, including but not limited to: (a) Proposed types and approximate sizes of wetlands; (b) Other proposed habitat types to be provided; (c) Proposed functions that the bank is anticipated to provide; (d) Description of alterations to hydrology; (e) Location of grading, if applicable; and (f) Proposed structures (e.g., perch poles, weirs, trails, etc.). (9) Figures illustrating the conceptual bank design; (10) Proposed service area and accompanying rationale that demonstrates the service area is ecologically appropriate; (11) Discussion of whether water rights have been applied for or secured for the site, if needed; (12) Identification of proposed permanent protection mechanism, such as a conservation easement; (13) The proposed ownership arrangements and long-term management strategy for the bank; (14) Description of how the proposed bank project meets federal, state, and local laws and rules; (15) Identification of whether the bank site is fully or partially located on agricultural lands of long-term commercial significance; (16) The qualifications of the sponsor to successfully complete the proposed bank project(s), including information describing any past such activities by the sponsor; and (17) The qualifications of the main design team and their areas of expertise.