Title:
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Approve and authorize the Chairman to execute the Agreement of Purchase and Sale of Mitigation Credits for the Midway Drainage Improvement Project (CIP 01907077) for the purchase of four and eighty-seven hundredths (4.87) acres of State and one and seventy-six hundredths acres (1.76) of Federal Wetland Mitigation Credits (Forested and Herbaceous) from the Colbert-Cameron Wetland Mitigation Bank for the purchase price of Three Hundred Eighteen Thousand Six Hundred Dollars US ($318,600.00). District5 - Herr (Jean Jreij, P.E., Public Works Director)
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Division:
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Public Works - Engineering
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Authorized By:
Jean Jreij, P.E., Public Works Director
Contact/Phone Number:
Jeff Sloman/407-665-5572
Background:
Seminole County has designed drainage improvements and stormwater management facilities in multiple areas throughout the Midway community. The goal of the project is to reduce the depth and duration of flooding within the community. The project has received grant funding from both Federal (“American Rescue Plan Act - “ARPA”) and State (Florida Department of Environmental Protection - “Resilient Florida”) sources.
The County’s consultant has submitted for permits from both the St. Johns River Water Management District (SJRWMD) and the Florida Department of Environmental Protection (FDEP). Prior to issuance of permits, these state agencies require the County to offset the disturbance of existing wetlands from the project with the creation of new wetlands or through the purchase of mitigation credits from an approved mitigation bank. The Colbert-Cameron wetland mitigation bank is approved by the SJRWMD, FDEP, and the U.S. Army Corps of Engineers (USACE). The Purchase and Sale of Mitigation Agreement needs to be executed for the County to purchase the credits from Colbert-Cameron.
The impacts of the project on existing wetlands (which occur in the areas of the proposed stormwater management facilities) require the purchase of 4.87 acres of state and 1.76 acres of federal wetland mitigation from the Colbert-Cameron Mitigation Bank for $318,600.00.
Requested Action:
Staff requests the Board approve and authorize the Chairman to execute the Agreement of Purchase and Sale of Mitigation Credits for the Midway Drainage Improvements Project (CIP 01907077) for the purchase of 4.87 acres of state and 1.76 acres of federal forested and herbaceous wetland mitigation credits for Three Hundred Eighteen Thousand Six Hundred Dollars US ($318,600.00).