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HomeMy WebLinkAboutCity Council Resolution 2012-048CITY OF PLYMOUTH RESOLUTION No. 2012-048 A RESOLUTION TO APPROVE THE WETLAND BANKING PLAN AND DESIGNATING CREDITS FOR THE HAMPTON HILLS WETLAND BANK WHEREAS, Hampton Hills, LLC proposes to establish a wetland bank for the purpose of utilizing credits deposited in the bank as mitigation for wetland impacts; and WHEREAS, the proposed Hampton Hills Wetland Bank includes a total of 5.87 acres of wetland credit designated as 0.48 acres of wetland buffer, 4.89 acres of total wetland restoration, 0.50 acres of partial wetland restoration; and WHEREAS, a perpetual conservation easement is required by the State of Minnesota, prior to the deposit of credits into the bank; and WHEREAS, prior to the deposition of credits into the Hampton Hills Wetland Bank, credits must be certified by the City of Plymouth, as the local government unit for administration of the Wetland Conservation Act. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: I. The Hampton Hills Wetland Bank is hereby approved. 2. Wetland credits are designated as 0.48 acres of wetland buffer, 4.89 acres of total wetland restoration, and 0.50 acres of partial wetland restoration. 3. A perpetual conservation easement shall be approved by the State of Minnesota, in accordance with MN Rule 8420.0705 Subp. 5, prior to the deposition of credits into the Hampton Hills Wetland Bank. 4. The City of Plymouth shall certify credits prior to the deposition of credits into the Hampton Hills Wetland Bank. 5. Credits shall be made available according to the following schedule: a. 2012 — 15% of 5.87 acres or 0.88 acres. b. 2013 — 35% of 5.87 acres or 2.05 acres. c. 2014 — 25% of 5.87 acres or 1.47 acres. d. 2015 — 25% of 5.87 acres or 1.47 acres. Approved this 14th day of February, 2012.