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The following is a sample of a possible Purchase Agreement for the sale of Wetland Banking Credits. <br /> This Purchase Agreement does not necessarily cover all of the issues that would be important to Sellers <br /> and Buyers, nor does it address the terms that would be appropriate for any particular transaction. <br /> Sellers and Buyers should obtain the services of qualified legal counsel to adapt this Purchase Agreement <br /> to meet their specific needs. <br /> PURCHASE AGREEMENT <br /> FOR <br /> WETLAND BANKING CREDITS <br /> THIS AGREEMENT is made this_24_day of June—, 2015_between <br /> Steve Strandlund (Seller) and_City of Centerville <br /> (Buyer). <br /> 1. Seller agrees to sell to Buyer, and Buyer agrees to buy from Seller, the wetland banking credits <br /> (Credits)listed below: <br /> CREDITS TO BE SOLD <br /> Credit Acres or Wetland Plant Community Type 3 Cost per State Fee Fee <br /> Sub- Sq.Ft. Circ. 39 Acre or Sq. 6.5% Estimate <br /> Group Type 2 Foot <br /> A .0793 2 Fresh (wet) Meadow $4317.89 0.065 $280.66 <br /> ac Jac <br /> B 0.065 <br /> C 0.065 <br /> D 0.065 <br /> E 0.065 <br /> Totals <br /> Check here if additional credit sub-gropps are part of this account and are listed on an attachment to this document. <br /> 'A separate credit sub-group shall be established for each wetland or wetland area that has different wetland characteristics. <br /> 'Circular 39 types: 1, 1L,2,3,4,5,6,7,8,B,U. <br /> 3Wetland plant community type: shallow open water,deep marsh,shallow marsh,sedge meadow, fresh meadow,wet to <br /> wet-mesic prairie,calcareous fen,open bog or coniferous bog,shrub-carr/alder thicket,hardwood swamp or coniferous <br /> swamp,floodplain forest,seasonally flooded basin. See Wetland Plants and Plant Communities of Minnesota and <br /> Wisconsin(Eggers and Reed, 199 7)as modified by the Board of Water and Soil Resources,United States Army Corps <br /> of Engineers.. <br /> 2. Seller represents and warrants as follows: <br /> a) The Credits are deposited in an account in the Minnesota Wetland Bank administered by the <br /> Minnesota Board of Water and Soil Resources (BWSR)pursuant to Minn. Rules Chapter <br /> 8420.0700-.0760. <br /> Page 1 of 2 <br /> BWSR Form: wca-bank-12(purchase agreement).doc <br /> Revised 6/26/2014 <br /> 23 <br />