Lake County, IL
File #: 09-1778    Version: 1 Name: SMC Wetland Restoration Fund - Fox River Watershed Emergency Appropriation
Type: resolution Status: Passed
File created: 7/22/2009 In control: Planning, Building and Zoning Committee
On agenda: Final action: 8/11/2009
Title: Joint resolution authorizing an emergency appropriation in the amount of $158,250 for the purchase of 2.11 acres of Wetland Mitigation Credits at the Big Sag Wetland Mitigation Bank (Phase 2) within the Fox River Watershed.
Attachments: 1. Committee Memo Emerg. Approp. Fox River

Title

Joint resolution authorizing an emergency appropriation in the amount of $158,250 for the purchase of 2.11 acres of Wetland Mitigation Credits at the Big Sag Wetland Mitigation Bank (Phase 2) within the Fox River Watershed.

 

Staff Summary

•                     Money collected into the Wetland Restoration Fund (WRF) due to wetland impacts is carried over into a deferred revenue account for this fund purpose.  In order to access it, an emergency appropriation is needed to bring it into the budget for expenditure.

•                     The emergency appropriation will allow the use of $158,250 of the WRF to purchase 2.11 acres of wetland mitigation credits at the Big Sag Mitigation Bank (Phase 2).

•                     This purchase provides mitigation for impacts to 1.36 acres of Isolated Waters of Lake County (IWLC) with newly constructed wetlands at the mitigation bank.  A net gain in high quality wetland acreage (+0.75 acre) and wetland function will be realized, which meets purpose #10 in the Lake County Watershed Development Ordinance (WDO).

•                     These funds will be deposited in the Stormwater Management Commission’s Miscellaneous Contractual Services account 212-4208110-79940-000-000-000-42030.

 

Body

WHEREAS, the Stormwater Management Commission provides for various Wetland Restoration projects; and,

 

WHEREAS, the Stormwater Management Commission has agreed to appropriate $158,250 for such projects using Stormwater Management Wetland Restoration Fund Permit Fees - Fox River; and,

 

WHEREAS, there are sufficient funds available in the Stormwater Management Commission’s Deferred Revenue account 212-0000000-22300-000-000-000-42030 to cover this emergency appropriation.

 

NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that an emergency appropriation in the amount of $158,250 in the Stormwater Management Commission’s Miscellaneous Contractual Services 212-4208110-79940-000-000-000-42030 for the Purchase of 2.11 acres of Wetland Mitigation Credits at the Big Sag Mitigation Bank (Phase 2) is hereby approved; and,

 

WHEREAS, there will be a $158,250 increase in the Revenue budget 212-4208110-48340-000-000-000-42030.

 

DATED at Waukegan, Illinois, on this 11th day of August, A.D. 2009.