Title:
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Approve and authorize the Chairman to execute a Mitigation Credit Agreement for the 5 Points - Central Blvd Project, to purchase forty-four / hundredths (0.44) Uniform Mitigation Assessment Method Wetland Credits for the purchase price of one hundred ninety-eight thousand dollars and no cents ($198,000.00). District4 - Lockhart (Jean Jreij, Public Works Director)
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Division:
division
Public Works - Engineering
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Authorized By:
Jean Jreij
Contact/Phone Number:
Jean Jreij - 407-665-5702
Background:
Seminole County is currently completing the design and then constructing roadway and stormwater management improvements as part of the 5 Points - Central Blvd project. The Lake Minnie Connector Rd Pond as designed results in unavoidable impacts to the existing wetlands.
The St. Johns River Water Management District has approved Permit 186412-1 conditioned on the purchase of Uniform Mitigation Assessment Method (UMAM) Credits debited from LJF Acquisitions, LLC.
This Agreement purchases forty-four / hundredths (0.44) UMAM Wetland Credits as required. The purchase price for these credits is one hundred ninety-eight thousand dollars and no cents ($198,000.00).
recommendation
Staff Recommendation:
Staff recommends the Board approve and authorize the Chairman to execute a Mitigation Credit Agreement for the 5 Points - Central Blvd Project, to purchase forty-four / hundredths (0.44) Uniform Mitigation Assessment Method Wetland Credits for the purchase price of one hundred ninety-eight thousand dollars and no cents ($198,000.00).