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• <br />• <br />CITY COUNCIL <br />AGENDA ITEM 6B <br />STAFF ORIGINATOR: Michael Grochala <br />MEETING DATE: April 13, 2015 <br />TOPIC: Consider Resolution No. 15-41, Approving Conservation <br />Easement and Subordination Agreement Outlot A, Wollan <br />Estates. <br />VOTE REQUIRED: 3/5 <br />INTRODUCTION <br />Staff is requesting council consideration to grant a perpetual conservation easement and <br />approve a subordination agreement with the State of Minnesota for the Wollan Park Wetland <br />Bank <br />BACKGROUND <br />Wollan Estates is a residential subdivision located north of Main Street and west of Lake Drive <br />including properties along Diane Street. The subdivision includes a 17 acre undeveloped City <br />park. Wollan Park is included in the City's Comprehensive Plan for future natural park/open <br />space purposes. <br />The property is mostly comprised of a high quality wetland complex. In 2010 the City began <br />evaluating the opportunity to restore the wetland and establish wetland bank credits. These <br />credits could be used to offset wetland impacts on other city projects and/or be sold through the <br />state's wetland bank system. The 17 acre bank was approved by the Rice Creek Watershed <br />District in January of 2014 and restoration activities are underway. The last step in the process <br />is to dedicate the easement to the state. <br />RECOMMENDATION <br />Staff is recommending approval of Resolution No. 15-41 <br />ATTACHMENTS <br />1. Resolution No. 15-41 <br />2. General Location Map <br />3. Perpetual Conservation Easement <br />4. Subordination Agreement <br />