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08-14-2017 Council Packet
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08-14-2017 Council Packet
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City Council
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Council Packet
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08/14/2017
Council Meeting Type
Regular
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SECTION III <br /> <br /> <br /> <br />Natural Resources Revolving Fund Plan <br />City of Lino Lakes <br />WSB Project No. 2988-470 Page 9 <br /> <br />Site 6 is home to various rare features, including the autumn fimbry (Fimbristylis autumnalis), the <br />threatened lance-leaf violet (Viola lanceolata var. lanceolata), and the endangered twisted yellow- <br />eyed grass (Xyris torta). As a result, it is anticipated that Site 6 has qualities that would make <br />restoration and preservation of the area eligible for credit as an “Exceptional Natural Resource <br />Value” wetland. Table 6 below summarizes the anticipated credit potential of a wetland bank at <br />Site 6. <br /> <br />Table 6: Summary of Wetland Bank Credit Potential (Site 6) <br />Area <br />(acres) <br />WCA/RCWD <br />Category <br />Percent <br />Eligible <br />WCA Credit <br />(acres) <br />ACOE <br />Category <br />Percent <br />Eligible <br />ACOE Credit <br />(acres) <br />5.34 5 50** 2.67 1 50 2.67 <br />Total Credits 2.67 2.67 <br />Estimated Sale Potential* $116,305 (for non-ACOE credits) NA <br />Category Definitions <br />1 – Vegetative Restoration/Enhancement <br />2 – Wetland Creation <br />3 – Restoration of Drained or Filled Wetlands/Re-Establishment <br />4 – Restoration of Partially Drained or Filled Wetlands/Rehabilitation <br />5 – Restoration and Protection of Exceptional Natural Resources Value <br />6 – Upland Buffer (not to exceed wetland credits) <br />* Estimated Sale Potential based on an average $1/sf selling price for non-ACOE banks in Anoka County <br />* Estimated credit valuation, final valuation determined by TEP <br /> <br />Due to its relatively small size, it’s unknown if the site, on its own, would meet the minimum credit <br />threshold required for the ACOE to approve the bank. One potential option would be to see if Site <br />6 could be added on to the acreage currently within the adjacent Bank No. 1601. <br /> <br />Table 7 below summarizes each of the sites based on how they score against the site-specific <br />criteria. <br /> <br />Table 7: Summary of Potential Wetland Bank Site Evaluation <br />Location ID Site-Specific Criteria <br />Greenway <br />System <br />ACOE- <br />Eligible <br />Restoration <br />Potential <br />Ownership TMDL Flood <br />Storage <br />Easements <br />Site 1 <br />(Winters <br />Property) <br />Y Y High – <br />Medium - <br />Low <br />Private Y Y <br />Site 2 <br />(NE Drainage <br />Area) <br />Y Y High – <br />Medium - <br />Low <br />Private Y – <br />Peltier <br />Lake <br />Y <br />Site 3 <br />(Otter Lake) <br />Y Y Medium - <br />Low <br />Public Y – Bald <br />Eagle <br />Lake <br />Y <br />Site 4 <br />(12th Avenue) <br />Y Y Medium Private/ <br />Public <br />Y Y <br />Site 5 <br />(Pine Glen <br />Outlot E) <br />Y Y Medium Public Y Y D&E <br />Site 6 <br />(Woolans II) <br />Y M Medium - <br />Low <br />Private N Y <br /> <br />
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