07-0577R


RESOLUTION APPROVING THE ACQUISITION BY THE DULUTH AIRPORT AUTHORITY OF WETLAND REPLACEMENT CREDITS IN THE TOTAL AMOUNT OF $461,652.71.

BY COUNCILOR REINERT:

     RESOLVED, that the Duluth City Council hereby approves the acquisition by the Duluth airport authority (DAA) of 43.6 acres of wetland replacement credits from Arne Heggedal and Gerald Krog for the purchase price of $455,811.84 and a transaction fee in the amount of $5,840.87 payable to the board of water and soil resources, for a total amount of $461,652.71 relating to the construction of the perimeter road, security fence, and airport rescue and fire fighting (ARFF) facility, payable from the DAA construction fund.


STATEMENT OF PURPOSE:  The Duluth airport authority is constructing an airport perimeter road, security fence and ARFF facility. The improvements will impact approximately 43.6 acres of wetlands. In order to comply with local, state and federal regulations, the impacted acres must be replaced. On site replacement is not an option and therefore, wetland replacement for the projects consists of purchasing wetland bank credits. This resolution approves the DAA’s purchase of the needed credits. Ninety-five percent of the purchase price and transaction fee will be reimbursed by a grant from the federal aviation administration.