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AI- 50019
Commissioners Court
Meeting Date: 04/05/2021  
Mitigation Credit Sales Agreement Required for Construction of the Park Blvd from FM 2514 to SH 78 project
Submitted By: Tracy Homfeld
Department: Engineering  
Request Type: CONSENT Agenda Area: Agreement

Information
Department Action
Construction of the improvements to Park Blvd. from FM 2514 to SH 78 will impact wetland areas regulated by the United States Army Corp of Engineers (USACE).  As such, we will be required to mitigate the impact to those areas.
 
The most efficient and cost effective manner of mitigating impacts to USACE jurisdictional wetlands is by purchase of off-site wetland mitigation credits.
 
The attached agreement provides for the purchase of 0.8 credits from Wetlands Management, L.P. They manage the Bunker Sands Mitigation Bank (BSMB) under USACE Permit Number SWF-2004-00420.  The cost to the County for purchase of these credits is $27,160.
 
The Engineering Department requests Commissioners Courts approval and Judge Hill’s execution of the attached Mitigation Credit Sales Agreement.  If approved, authorization of a budget adjustment to move funds to the appropriate account within the 2018 Park Blvd. project and authorization to purchase these credits out of that account. The budget adjustment will be:
 
$27,160
From: RI18004CO-4216-750300013-809682 (ROW)
To: RI18004CO-4216-750300013-809250 (Consultants)
 
We will be available to answer any questions that you might have concerning this matter.
 
Purchasing Department Action
Request Commissioners Court consideration and any action regarding the approval of a Mitigation Credit Sales Agreement between Wetlands Management L.P. and Collin County to purchase 0.8 wetland mitigation credits to offset the impact of the Park Blvd improvements from FM 2514 to DH 78. Further, authorize the County Judge to execute same. The cost to the county for purchase of these credits is $27,160.00. MD
HR and/or IT Action
Budget Department Action
Budgeted funds available in the amount of $27,160 for the Mitigation Credit Sales Agreement between Wetlands Management L.P. and Collin County for the purchase of .8 wetland mitigation credits.  Budget Adjustment included to move funding to the appropriate expenditure account. 2018 Bond Fund (4216).
Auditor's Office Action
Bond funds available.
Commissioners Court
Mitigation Credit Sales Agreement with Wetlands Management L.P. for the purchase of wetland mitigation credits to offset the impact of the Park Blvd. improvements from FM 2514 to SH 78, and budget adjustment in the amount of $27,160 for same, Engineering. 

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available: $27,160
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1: RI18004CO-4216-750300013-809250
Fund Transfers
Trans Amt: $27,160 From: RI18004CO-4216-750300013-809682 To: RI18004CO-4216-750300013-809250
Dept. Name: Additional Line Items:
Remarks:
Need Budget Adjustment of:
$27,160
From: RI18004CO-4216-750300013-809682 (ROW)
To: RI18004CO-4216-750300013-809250 (Consultants)
 
Attachments
Court Order 2021-268-04-05
Memo
Agreement
Form 1295
2252 Certification
Journal Proof

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