New Hampshire § 482-A:30-b Payment for Other Jurisdictional Resource Losses

New Hampshire Statutes

§ 482-A:30-b — Payment for Other Jurisdictional Resource Losses

New Hampshire·Title L WATER MANAGEMENT AND PROTECTION·Ch. 482-A FILL AND DREDGE IN WETLANDS·Subdivision Aquatic Resource Compensatory Mitigation

For losses to sand dunes, undeveloped portions of duly-established 100-foot buffers of designated prime wetlands, and undeveloped tidal buffer zones, the in-lieu payment shall be the sum of:

I.The cost that would have been incurred if a resource of the same type was restored at the ratios adopted by the department, based on a price of $65,000 per acre of resource area created, to be adjusted at the beginning of the calendar year according to the annual simple rate of interest on judgments established by RSA 336:1;

II.The area of resources impacted, as used in the calculation performed under paragraph I, times the cost of land in the municipality where the impact is occurring as calculated by the total assessed land values in the municipality, as determined by the department of revenue ad

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For losses to sand dunes, undeveloped portions of duly-established 100-foot buffers of designated prime wetlands, and undeveloped tidal buffer zones, the in-lieu payment shall be the sum of:
I. The cost that would have been incurred if a resource of the same type was restored at the ratios adopted by the department, based on a price of $65,000 per acre of resource area created, to be adjusted at the beginning of the calendar year according to the annual simple rate of interest on judgments established by RSA 336:1;
II. The area of resources impacted, as used in the calculation performed under paragraph I, times the cost of land in the municipality where the impact is occurring as calculated by the total assessed land values in the municipality, as determined by the department of revenue administration, which are equalized, divided by the number of acres in the municipality to yield a per acre equalized land value; and
III. An administrative assessment equal to 20 percent of the amount in paragraphs I and II.

New Hampshire § 482-A:30-b (Payment for Other Jurisdictional Resource Losses) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.