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HomeMy WebLinkAbout11-09-09-3q - Resolution - 11/09/2009RESOLUTION NO. 11- 09 -09 -3a A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS, APPROVING THE PURCHASE OF 5.5 MITIGATION CREDITS IN THE STEELE CREEK MITIGATION BANK, AS REQUIRED PURSUANT TO THE MITIGATION PLAN FOR UNITED STATES ARMY CORPS OF ENGINEERS PROJECT NO. 2009- 00206. WHEREAS, in April, 2009, the City Council approved an engineering contract with Mitchell and Morgan LLP for design services for Holleman Drive extension through the City of College Station property and a connection to the existing Jones - Butler roadway just east of the Dowling Road Pump Station.; and WHEREAS, at the time construction is to proceed, a United States Army Corps of Engineers Section 404 Permit No. 2009 -00206 is required; and WHEREAS, the United States Army Corps of Engineers has approved and accepted the City's mitigation plan to buy 5.5 Mitigation Credits in the Steele Creek Mitigation Bank in Robertson County, Texas; therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: PART 1: That the City Council hereby finds that the purchase of 5.5 Mitigation Credits in the Steele Creek Mitigation Bank in Robertson County, Texas, is the desired method of mitigation. PART 2: That the City Council hereby approves the purchase of 5.5 Mitigation Credits in the Steele Creek Mitigation Bank in Robertson County, Texas, from OXBOW Investments Inc. as part of the Holleman Extension Project. PART 3: That the City Council authorizes the Mitigation Payment of $137,500.00 to OXBOW Investments Inc. for said 5.5 Mitigation Credits. PART 4: That this resolution shall take effect immediately from and after its passage. ADOPTED this 9th day of November , A.D. 2009. ATTEST: r_a" y44;_1 City Secretary APPROVED: Mayor APPR V D: mA@ City ey