ADMINISTRATION - Joe Huss, Finance Director
Title
APPROPRIATE SPECIFIC FUNDS FOR THE MANAGEMENT OF THE BLAINE WETLAND SANCTUARY AND APPROVE THE CAPITAL IMPROVEMENT PLAN FOR THE OPEN SPACE FUND
Background
Financial Assurance is part of the permitting requirements for the establishment of the Site 7 Wetland Bank. To meet this requirement, the City has chosen to appropriate specific funds to be set aside for the management of the Site 7 Wetland Bank. The City Council approved the financial assurance appropriation at the January 18, 2018 meeting. However, the U.S. Army Corps of Engineers (Corps) deemed Blaine’s submission to be insufficient in that the approved plan did not extend far enough.
The Legislative Appropriation provides assurance that, should the City’s efforts on wetland mitigation for Site 7 fall short of Corps standards, the City would be able to draw on funds to correct the mitigation deficiencies or provide alternative compensatory mitigation. This alternative requires a line-item appropriation in an adopted government budget.
Staff has amended the attached Open Space Capital Improvement Plan to extend to 2040 and that plan is attached for Council approval. The plan provides an appropriation of funds to cover the costs of the management of Site 7 through 2040.
Recommendation
By motion, approve the following resolution.
Body
WHEREAS, a proposed Open Space Capital Improvement Plan commencing January 1, 2018 and extended to 2040 and has been prepared by the City Manager and Finance and;
WHEREAS, the City Council has examined, studied, and reviewed said proposed Open Space Capital Improvement Plan and 2018 Budget; and
WHEREAS, the City Council has, after due consideration and deliberation, made such amendments and adjustments in the proposed Open Space Capital Improvement Plan and 2018 Budget as they consider necessary, desirable, or expedient.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Blaine as follows:
1. That the proposed Open Space Capital Improvement Plan and 2018 Budget attached hereto is approved.
2. That the 2018 appropriations as amended attached hereto are approved.
3. That the 2018 funding sources identified and attached hereto are approved.
4. That the City Manager is authorized and directed to implement and to administer, within the budgetary funding limits and within adopted City policy and relevant State and City laws and regulations, said approved Open Space Capital Improvement Plan and 2018 Budget.
PASSED by the City Council of the City of Blaine this 5th day of April 2018.