Mill Creek Mitigation Bank
In February, 2014, The Lyme Forest Fund III purchased a combination of fee interests and a mitigation use rights easement on a 2,555-acre property in Richland County, South Carolina. Located almost adjacent to the Congaree National Park and a short distance from the city of Columbia, the property had long been coveted as a conservation priority by government and conservation groups. Most of the property is being permitted as a wetland and stream mitigation bank in partnership with Eco-Capital Advisors. Richland County has agreed to purchase mitigation credits generated by the bank.