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• Environmental Board AGENDA ITEM 6A STAFF ORIGINATOR: Marty Asleson MEETING DATE: February 28, 2012 TOPIC: Wollan's Park, Minnesota Wetland Bank Plan Application, Part B: Wetland Bank Plan Supplement. INTRODUCTION The Environmental Board has as a goal the wetland banking of Wollan's Park. BACKGROUND The Wollan's Park wetland bank was first proposed in 2009. The Environmental Board Reviewed and commented on the Draft Wollan's Park, Part A, Wetland Delineation on December 16, 2009. The Board recommended that the document be forwarded on to the City Council for signing and then on to BWSR. Attachment 1 is Part B of the Wetland Bank Application. Staff wishes to receive comments and a recommendation from the Board to forward this on to the City Council for processing. The deed information is in Part A of the December 16, 2009 meeting. The estimated budget for the wetland bank project is on Attachment 2. This is the cost if we had consultants do the actual physical restoration work. The cost is compared to an anticipated bank price of possibly $275000, The City would have some costs associated with project administration by Critical Connections, otherwise the City will be doing the actual vegetation restoration and management. According to the wetland delineation there are 13.38 acres of wetland and 4.24 acres of upland in this park. The proposed bank would be minus the pipeline easement (1.16 acres) and future trail. We will be seeking banking for the restoration of all wetland and upland areas of Wollan's Park. The City should get a 50% land banking credit ratio (50% of the acreage at the current banking price.). The uplands will be compensated for at a lesser rate. RECOMMENDATION Recommend forwarding the document on to the council with comments and recommendations /changes made by the Environmental Board. One change that staff has already communicated to Critical Connections is that we have a restricted deed for the park, and that we would need to maintain this area as a park (passive), with a trail either implied on the plan or the trail placed on the plan or both, and language in the document stating the trail and park use of this area. Additional land would need to be subtracted from the bank figures to compensate for the trail use. • ATTACHMENTS A. Draft Wollan's Park, Part A, Wetland Delineation B. Wollan's Park, Minnesota Wetland Bank Plan Application, Part B: Wetland Bank Plan Supplement.