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File #: 20-0918    Version: 1 Name: Colgan Creek Mitigation Credit Purchase
Type: CC- Consent - Resolution Status: Agenda Ready
File created: 11/6/2020 In control: City Council
On agenda: 12/8/2020 Final action: 12/8/2020
Title: RESOLUTION - LOWER COLGAN CREEK RESTORATION PHASE 2 MITIGATION CREDIT PURCHASE AUTHORIZATION RECOMMENDATION: It is recommended by the Water Department that the Council, by resolution: 1) authorize the purchase of mitigation credits for the Lower Colgan Creek Restoration Phase 2 Project; 2) approve the California Tiger Salamander Mitigation Credits Purchase Agreement Number F002203 with Davis Preserve, LLC in an amount not to exceed $339,360 to purchase required mitigation credits for California tiger salamander; 3) approve the Wetland Creation Credits Purchase Agreement Number F002213 with Hazel Mitigation Preserve, LLC in an amount not to exceed $7,250 to purchase required mitigation credits for wetlands; and 4) authorize the Director of Water to execute both agreements and any related documents or applications, subject to approval as to form by the City Attorney.
Sponsors: Water
Indexes: Mitigated Negative Declaration
Attachments: 1. Staff Report, 2. Resolution, 3. Exhibit A - Purchase Agr with Davis Preserve, LLC, 4. Exhibit B - Purchase Agr with Hazel Mitigation Preserve, LLC, 5. Presentation