Title
Joint resolution appropriating $610,000 of ¼% Sales Tax for Transportation and Public Safety funds, authorizing acquisition of ten acres of wetland mitigation bank credits in the Fox River Basin from The Big Sag Wetland Conservancy, Inc., and designated as Section 13-00000-12-ES.
Staff Summary
· Wetland Mitigation Credits; Fox River Basin:- Appropriation and Purchase Agreement.
· Wetland bank credits are necessary to mitigate for unavoidable impacts to existing wetlands by highway improvement projects.
· It is desirable to acquire ten additional acres of wetland bank credits to meet expected wetland mitigation needs on upcoming highway improvement projects.
· The ten acres of credits in the Fox River Basin are available from The Big Sag Wetland Conservancy, Inc.
· An appropriation of $610,000 of Sales Tax funds, and authority to enter into a contract for purchase, is necessary to proceed with this acquisition.
Body
R E S O L U T I O N
WHEREAS, it would be beneficial to the safety and welfare of the motoring public if future planned improvements to designated routes on the County highway system could be constructed; and
WHEREAS, the construction of improvements to designated routes on the County highway system sometimes result in minor impacts to adjacent wetlands; and
WHEREAS, it is necessary to mitigate for impacts to wetlands caused by the construction of improvements to designated routes on the County highway system; and
WHEREAS, it is desirable to acquire ten additional acres of wetland bank credits to meet expected wetland mitigation needs on future highway improvement projects; and
WHEREAS, the desired ten acres of wetland bank credits in the Fox River Basin are available from The Big Sag Wetland Conservancy, Inc. at a unit per acre cost of $61,000; and
WHEREAS, an appropriation of funds, and authority to enter into a contract for purchase, is necessary in order to proceed with this acquisition.
NOW, THEREFORE BE IT RESOLVED by this Lake County Board, that there is hereby appropriated $610,000 of ¼% Sales Tax funds for Transportation and Public Safety for the acquisition of ten acres of wetland mitigation credits in the Fox River Basin from The Big Sag Wetland Conservancy, Inc. at a unit per acre cost of $61,000; and authorizing the County Engineer to enter into a contract for the acquisition of those credits, and designated as Section 13-00000-12-ES.
DATED at Waukegan, Illinois, on February 12, 2013.