Fiscal Note
The cost of this wetland credit acquisition is $110,000 and will be charged to Acct. No. ESTM-54809-810384-00-53B0322. Debt service associated with this additional general obligation borrowing will be paid by future year Stormwater Utility Fees.
Title
Authorizing the City Engineer to purchase 3.9 acres of wetland credits from Wisconsin Waterfowl Association, Inc. and amend the 2005 Stormwater Utility Capital Budget to increase general obligation borrowing by $110,000.
Body
PREAMBLE
Mitigation, for the filling of 3.9 acres of wetland, associated with construction of the Nesbitt Road Regional Retention Basin (discharge point of the Upper Badger Mill Creek to the Town/City of Verona) was a condition of both the USACOE and WDNR permits for construction of the project. The purchase of these wetland credits has been allowed as a modified condition of both the WDNR/USACOE permits. Originally, the wetland mitigation for this project was completed on site. City Engineering has planted the project in accord with the original permit requirement twice in the last two (2) years. Both of these planting efforts have failed. Based on the results of these efforts Engineering staff has persuaded the regulatory agencies to allow the purchase of credits to meet our mitigation requirement
WHEREAS, the City of Madison has previously constructed the Nesbitt Road Regional Retention Basin; and
WHEREAS, one of the WDNR & USACOE permit conditions for construction of the basin was mitigation of the wetland impacts of the project; and
WHEREAS, the City has previously attempted two (2) wetland plantings on the site to meet the conditions of the permit; and
WHEREAS, both of the previous planting efforts have resulted in a planting with over 70% mortality; and
WHEREAS, based on this prior work the USACOE and WDNR have agreed to allow the City to purchase mitigation credits to satisfy their requirement; and
WHEREAS, the Wisconsin Waterfowl Association is the only public wetland bank available in the state:
NOW, THEREFORE, BE IT RESOLVED, that the City Engineer is authorized to purchase 3.9 acres of wetland credits from the Wisconsin Waterfowl Association Inc. to meet the requirements of the Nesbitt Road Regional Retention Basin as called for in the USACOE and WDNR permits to construct this facility.
BE IT FURTHER RESOLVED, that the 2005 Stormwater Utility Capital Budget is increased by $110,000.00 funded by General Obligation Debt.
BE IT FURTHER RESOLVED that the Comptroller be authorized to internally borrow until the next permanent borrowing takes place.