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2020-009 Council Resolution
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2020-009 Council Resolution
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Last modified
2/21/2021 8:48:44 PM
Creation date
2/28/2020 2:40:25 PM
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City Council
Council Document Type
Resolutions
Meeting Date
01/27/2020
Council Meeting Type
Regular
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RECOMMENDATION <br />This would be the first credit sale from the Otter Lake bank and second from Wollan Park. <br />Sale of the credits will be used to reimburse the Surface Water Management fund for bank <br />establishment costs. With this sale the city will be close to recouping its initial investment in <br />the wetland banks. Staff anticipates adjusting the price for future sales upward. <br />Staff is recommending approval of Resolution No. 20-09. <br />ATTACHMENTS <br />1. Resolution No 20-09 <br />2. Bank Location Map <br />
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