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City of Lino Lakes - Capital Improvement Program <br /> <br />Capital Improvement Project <br />2023 through 2027 <br />PROJECT # CD-191 <br />PROJECT NAME: NE Wetland Bank Design and Permitting <br />Project Year: 2023 <br /> <br />Department: Storm Water <br />Program: Community Development <br />Project Type: Utility Trunk <br />Useful Life (Years): 10 <br />Contact Person: Community Development Director <br /> <br />Project Description: <br />Project design, permitting and Mitigation Banking Instrument (MBI) preparation for NE Area Wetland Bank <br />Project Justification: <br />Establishment of a wetland bank is intended to generate credits for use on city projects and for sale to private <br />development projects. Intended to off set potential impacts with 35E development corridor. Credit sales are planned off <br />set development costs. <br /> <br /> <br />Funding Sources FY2023 FY2024 FY2025 FY2026 FY2027 Total <br />Surface Water Management Fund (422) $90,000 $0 $0 $0 $0 $90,000 <br />Total $90,000 $0 $0 $0 $0 $90,000 <br />Expenditures FY2023 FY2024 FY2025 FY2026 FY2027 Total <br />Infrastructure $90,000 $0 $0 $0 $0 $90,000 <br />Total 90,000 $0 $0 $0 $0 $90,000 <br />92