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April 13, 2009 Item No. 7H <br />Page 4 <br />Recommendation: <br />Resolution 7437 has been prepared in accordance with the previous discussion. The <br />Resolution is attached to this Staff Report for consideration by the City Council. <br />Staff recommends that the City Council adopt Resolution 7437, approving the purchase <br />agreement for wetland banking credits for the County Road 10 Trailway Project: <br />Segments 1-5, and authorizing the payments identified in the agreement. <br />Respectfully submitted, <br />Joseph R. Rhein, Consulting Engineer <br />Attachments: <br />- Resolution 7437 <br />- Purchase Agreement for Wetland Banking Credits <br />- Wetland Permit Application Submittal – Cover Sheet and Figure 3 <br />- Corps of Engineer Permit Approval Letter – December 31, 2008 <br />- Rice Creek Watershed District Conditional Approval Report – January 28, 2009 <br />- Draft Application - Withdrawal of Wetland Credits from the Minnesota Wetland Bank