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CITY OF LINO LAKES <br />RESOLUTION NO. 14 -08 <br /> <br />RESOLUTION APPR OVING THE PURCHASE AGREEMENT FOR WETLAND <br />MITIGATION CREDITS REQUIRED FOR THE 21 ST AVENUE STREET AND <br />UTILITY IMPROVEMENT PROJECT <br /> <br />WHEREAS , plans for the 21 st Avenue Street and Utility project which include improvements <br />by the extension of street, sanitary sewer, watermain, storm sewer, traffic control signals, and <br />pedestrian improvements have been prepared and presented to the City ; and <br /> <br />WHEREAS , the plans have identified impacts to the existing wetlands in the amount of 28,314 <br />square feet; and <br /> <br />WHEREAS , th e RCWD requires replacement of impacted wetland at a 2:1 ratio so the total <br />amount of wetland replacement equals 56,628 square feet; and <br /> <br />WHEREAS , it has been determined that the purchase of wetland mitigation credits is <br />appropriate to meet the replacement requirements, <br /> <br />NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes <br /> <br />1. The Purchase Agreement between the City of Lino Lakes (Buyer) and Robert Engstrom <br />(seller) dated January 21, 2014 is hereby approved . <br /> <br />2. City Staff is authorized to submit the $1,000 non refundable deposit as outlined in the <br />Purchase Agreement. <br /> <br />Adopted by the Council of the City of Lino Lakes this ___ day of _______, 2014. <br /> <br /> <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />_______________and was duly seconded by Council Member ________________ and upon <br />vote being taken thereon, the following voted in favor thereof: <br /> <br />The following voted against same: <br /> <br /> <br />_______________________________ <br />Jeff Reinert, Mayor <br /> <br />ATTEST: <br /> <br />________________________ <br />Julianne Bartell, City Clerk <br />