Lillian Swamp Mitigation Bank
In September, 2013, The Lyme Forest Fund III acquired a controlling interest in the 892-acre Lillian Swamp Mitigation Bank in Baldwin County, Alabama. The bank was established by Wetlands Solutions, LLC, an experienced developer and operator of mitigation banks in Alabama and Mississippi, and permitted by the U.S. Army Corps of Engineers in August, 2011. The property consists primarily of bottomland hardwoods, with some pine savannah, and wetlands on the property will be restored and preserved to generate mitigation credits in Mobile and Baldwin counties. Wetlands Solutions continues to manage the bank in partnership with Lyme.