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4D, Purchase Agreement for Wetland Banking Agreements
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10-12-09-R
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4D, Purchase Agreement for Wetland Banking Agreements
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Last modified
10/24/2024 9:48:23 AM
Creation date
10/13/2009 8:55:36 AM
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Wetland Banking Agreements
General - Type
Wetland Banking Agreements
Date
10/12/2009
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� <br />PURCHASE A�REEMEN�' <br />�UR <br />'4�VET�AND BAN��[I�G CREr3IT'S <br />THIS AGREEMENT is made this _9th day of September, 2��9 between Restoration Developinent LLC <br />{Sel�er} and City of Arden. �Iills tBuyer). <br />1. Seller agrees ta sell to Buyer, and Buyer agrees to buy from Seller, the we�land banking credzts <br />�Credits)listed beia�v: <br />. . . . �: �,�.. _:. . �.� �. :� : � .. :. . . . . , . . . :: . . �: . . .. . .. . � . � .. ..:. <br />. . . . .. . . . . . .. _ _ . . . -. . �CRE�D� � . , . � . � . . . . . <br />. . ITS� �T�. .�.BE <br />fJ ��� I�D� <br />0 <br />�redit �fVt�C PVC �ietland Plan� Cos� per <br />Sub-- Acres or Sq. Acres or S. Circ. 39 Communi� Acre or S, ����e Fee ��� �os� <br />1 q 2 3� q d.5% <br />Grou Ft. Ft. Type Type Foot <br />A, _ o.o6s <br />$ �fWC 0.202 ac 3 Sha�low Marsh b5,34U ac 0.065 $8�7�9 i <br />C. U.(}b5 <br />�, Q.065 <br />�, �.065 <br />. a, 0.202ac �� � �� ���.= �� �.��. � �� �-� ��� �. ��,.� : . . : . � �. . $857.9� <br />Totals .. . � : . � . . ; � :.. . :� �.� . : .,. .. , . . � . ��. � - �: � �. , . . . <br />Check here if addit'ional credit sub--�roups are part af �us account and are listed on an attachmen� to th.ts document. <br />'A s�parate credi� sub-group sha11 be established far each wetiar�d �r wetland area tha� has different wetland characteristics. <br />zCircular 3 9 types: 1, l. L, 2, 3, 4, 5, 6, 7, 8, B, iJ. <br />3See Wetland �'lan�s and Plant C'on�ntunit�'es of IVlinnesota atz�' Wiscot=si�t {'EggeYs anr� Reed,1997) as modified by the <br />Board of Water and Soi� Resources, United S�ates Army Carps of �ngineers. �� <br />2. Seller represe�ats and warrants as follows: <br />a} The Credits are deposited in an account in the Minnesota Vtietland Bank adm.in.iste�red by the <br />, <br />Minnesota Board o� Water and Soil Resources (BWSR) puxsuant to Minn. Rules Chapter <br />8420.�7�0-.07b0. <br />b} Sel�er awns the �redits a�d has the right to sell the Credits to Buyer. <br />3. Buyer w�l� �pay Seller a�otal of $13,198.�8 for the Credits, as follows: <br />a) $13,198.68 to be paid on tbe ��osing Date listed below. <br />Page I of 2 <br />B'VYSR Form: revised for R.estora��on Dev�opmenti.doc <br />R.ev�ised <br />
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