Land Bank Program Inventory and Price List (Land Coverage And Restoration Credit)

Timeline to Acquire Rights

Apply to the Conservancy the same day as submitting final plans to the building department. Transactions typically take four to eight weeks, but must be completed within four months. Extension fees are required to extend the escrow. Transactions cannot exceed one year.

Conservancy Transaction Fees

Type of Transaction FeeType of Coverage TransactionPrice
Transaction FeeAll$350
Escrow FeeAll$200
California Environmental Quality Act Fee
Applicable to all pier transactions.$2,500
California Environmental Quality Act Fee
If applicable to other project types.
See section below on California Environmental Quality Act fee.
$2,500

Land Coverage And Restoration Credit Inventory and Price List 

The price list is best viewed on a tablet or desktop computer.

Prices are valid November 1, 2021 through March 31, 2022. Inventory was valid as of November 1, 2021.

HYDROLOGIC
AREA*
TYPE OF COVERAGEPRICE
(Per square foot)
Inventory
(square feet)
South StatelinePotential
(receiving parcels >725 IPES or Bailey 4-7)
$7.50110,200
South StatelinePotential
(receiving parcels <726 IPES or Bailey 1-3)
$25.004,771
Upper TruckeePotential
(receiving parcels >725 IPES or Bailey 4-7)
$7.501,887,300
Upper TruckeePotential
(receiving parcels <726 IPES or Bailey 1-3)
$25.0033,200
Emerald BayPotential
(receiving parcels must be located within Fallen Leaf Lake Planned Unit Development)
$10.002,185
McKinney BayPotential
(receiving parcels >725 IPES or Bailey 5-7)
$10.004,352
McKinney BayPotential
(receiving parcels <726 IPES or Bailey 1-3)
$25.00126
McKinney BayHard
(receiving parcels >725 IPES or Bailey 5-7)
$25.001,129
Tahoe CityPotential
(receiving parcels >725 IPES or Bailey 4-7)
$10.006,366,100
Tahoe CityPotential
(receiving parcels <726 IPES or Bailey 1-3)
$25.00347,700
Agate BayPotential
(receiving parcels >725 IPES or Bailey 4-7)
$10.00438,200
Agate BayPotential
(receiving parcels <726 IPES or Bailey 1-3)
$25.0068,900
Any California Hydrologic AreaRestored Soft Class 1-3 Coverage
(receiving parcels IPES >725 or Bailey 4-7)
See TRPA Code of Ordinances, Chapter 30 for special transfer requirements. **
$25.007,122
Any California Hydrologic AreaSEZ Restoration Credit
(Bailey 1b)
$30.0017,700

* Map of Hydrologic Transfer Areas 

** Tahoe Regional Planning Agency Code of Ordinances

Sale Requirements

A limited supply of rights is for sale by the California Tahoe Conservancy’s Land Bank Program on the California side of the Lake Tahoe Basin. The Land Bank Program provides rights to the following broad market categories: Open Market Sales (residential and commercial projects), Public Service projects, Conservancy projects, Excess Coverage Mitigation, and Memorandums of Understandings with other agencies. If a project is cancelled, the inventory increases. If a project uses rights, the rights are removed from the inventory.

Sale Prices

Sale price is secured and agreed upon at the time a Purchase and Sale Agreement is signed.

Fees

After Conservancy Staff review, Conservancy will request:

  • $350 administrative fee;
  • Signed purchase and sale agreement;
  • Notarized Notice of Transfer;
  • Purchase price plus $200 escrow fee per right.*
  • No escrow required for Restoration Credit transactions.

* Larger transactions require higher escrow fee. Contact staff below for details.

Purchase Eligibility / Prequalification

There are restrictions on purchaser eligibility, use, and transfer of the marketable right. The Conservancy reserves the right to disqualify applicants who do not meet the following eligibility criteria:

  • There must be an active project.
  • Submit final site plans to TRPA and/or building department.
  • The project must comply with TRPA Code.
  • All transfers are subject to all applicable government entity approval.
  • Complete applications are required (see below).

California Environmental Quality Act Fee

The Conservancy must have a complete application to evaluate the project under California Environmental Quality Act (CEQA). Find more information regarding CEQA.

Land Bank Contact

Email questions to landbank@tahoe.ca.gov or call (530) 543-6033. 

Contact the Conservancy for current terms and conditions. The Conservancy reserves the right to withdraw, postpone, or otherwise modify the provisions of this announcement prior to concluding any sale of rights.

Pursuant to Government Code section 66907.8, the Conservancy may sell any real property interest to fulfill the purposes of its enabling legislation and to promote the state’s planning priorities.

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