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HomeMy WebLinkAbout~Master - Agreement to purchase Mitigation Bank Credits for ISU Research Park, Phase III RESOLUTION NO. 15-409 RESOLUTION APPROVING AGREEMENT TO PURCHASE MITIGATION BANK CREDITS FOR IOWA STATE UNIVERSITY RESEARCH PARK, PHASE III FOR THE CITY OF AMES,IOWA WHEREAS, in support of the Iowa State University (ISU) Research Park, Phase III expansion,the City of Ames is developing projects for the utility installation and roadway paving; and, WHEREAS,the utility project was bid in April 2015, and the contract was awarded to J&K Contracting in the amount of$798,589; and, WHEREAS, the roadway project was bid in May 2015, and the contract was awarded to Manatt's, Inc., in the amount of$4,607,745.60; and, WHEREAS, during the project design, FOTH Infrastructure and Environment, Shive Hattery's sub-consultant,determined there is a small amount of wetland area affected by the project; and, WHEREAS,the final report was submitted to the Army Corps of Engineers(ACE)as a part of the project review and permitting process; and, WHEREAS,when a project has an identified wetland or affects Waters of the United States, the owner can redesign the project to avoid impacts to the wetland, mitigate the wetland by constructing a new wetland, or purchase wetland mitigation credits from a wetland that has been constructed by others through the Iowa Department of Natural Resources (IDNR); and, WHEREAS,with the layout of this project, the project the team determined the most cost- effective and expedited solution would be to purchase wetland credits from a wetland that has already been constructed; and, WHEREAS,as terms of the permit for the project,the ACE has determined that the purchase of 0.67 acres of wetland credit from the Elk Creek Wetland Mitigation Bank will compensate for the loss of 0.36 acres of wetland in this area; and, WHEREAS, the cost of these credits is $33,500, and this cost has already been accounted for in the Engineering/Administration cost estimate for the project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Agreement to purchase wetland mitigation credits from the Elk Creek Wetland Mitigation Bank in the amount of $33,500 to assist with completion of the ISU Research Park, Phase III Expansion Project is hereby approved. ADOPTED THIS 14`'day of July, 2015. cde�a- L a& A. tom• ��++� Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Nelson Seconded by: Goodman Voting aye: Betcher, Gartin, Goodman,Nelson, Orazem Voting nay: None Absent: Corrieri Resolution declared adopted and signed by the Mayor this 14"'day of July, 2015.