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Community Development Agency, Transportation Division, recommending the Board approve and authorize the Chair to sign the Agreement for Sale of Mitigation Credits 435-O1710 with Westervelt Ecological Services, LLC, as owner of the Cosumnes Flood Plain Mitigation Bank, for the sale of 0.43 in Floodplain Riparian Habitat credits to the County of El Dorado for a purchase price of $36,550, as necessary mitigation for the construction of the Diamond Springs Parkway - Phase 1A - SR-49 Realignment Project, CIP 72375.
FUNDING: Tribe Funds (67% - Local), Utility Agencies (15% - Local), Traffic Impact Mitigation Fees (5% - Local), Master Circulation and Funding Plan (5% - Local), State Highway Operation and Protection Program (7% - State), and Road Fund (<1% - Local).
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DEPARTMENT RECOMMENDATION
Community Development Agency, Transportation Division (Transportation), recommending the Board approve and authorize the Chair to sign the Agreement for Sale of Mitigation Credits 435-O1710 (Agreement) with Westervelt Ecological Services, LLC (Westervelt), as owner of the Cosumnes Floodplain Mitigation Bank (CFMB), for the sale of 0.43 in Floodplain Riparian Habitat (Habitat) credits to the County of El Dorado for a purchase price of $36,550, as necessary mitigation for the construction of the Diamond Springs Parkway - Phase 1A - SR-49 Realignment Project, Capital Improvement Program (CIP) Project 72375 (Project).
In accordance with California Fish and Game Code 1602, Transportation has notified the California Department of Fish and Wildlife (DFW) that the Project may substantially affect existing fish or wildlife resources. After review of the Project description, DFW has determined that the Project will impact riparian habitat, and may be mitigated in the form of purchasing credits from a DFW-approved conservation bank. Transportation has confirmed the availability of credits with the CFMB in Sacramento County, at the confluence of the Cosumnes and Mokelumne Rivers...
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