What is the Tree Bank?
The tree bank is a fund to receive monies from owners or developers who remain unable to successfully plant and maintain replacement and/or supplemental trees on their site under development, with such monies to be used for planting public trees. This fund shall also be used for charitable contributions given to the city for planting trees. The applicant may contribute to the tree bank an amount of money equal to the costs of providing the required density of replacement trees, according to a fee schedule approved by the Franklin Tree Commission, and in the event that the planning commission determines that a site is eligible and what percentage of the requirement may be contributed.