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Mitigation Bank Services LLC 12/12/2023
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Mitigation Bank Services LLC 12/12/2023
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Last modified
12/12/2023 2:35:21 PM
Creation date
12/12/2023 2:35:00 PM
Metadata
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Contracts
Contractor's Name
Mitigation Bank Services LLC
Approval Date
12/12/2023
Department
Public Works
Department Project Manager
Daniel Enrico
Subject / Project Title
Beverley Lake Sewer Replacement Project - Mitigation Bank Purchase Lift Station Impacts
Tracking Number
0004075
Total Compensation
$5,830.00
Contract Type
Agreement
Contract Subtype
Sales Agreements (not Real Property)
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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November 7, 2023 2 <br />2.AGREEMENT <br /> NOW THEREFORE, in consideration of the mutual covenants and conditions and promises <br />contained in this Agreement, and for other good and valuable consideration, the receipt and <br />sufficiency of which is acknowledged, Credit Seller and Buyer agree as follows: <br />2.1. Purchase/Sale of Mitigation Credits <br />2.1.1. Purchase/Sale. Credit Seller hereby sells to Buyer and Buyer hereby buys from <br />Credit Seller: (0.022) Mitigation Credits from the Skykomish Habitat Mitigation <br />Bank upon all of the terms, covenants, and conditions set forth in this Agreement <br />(“Project Mitigation Credits”). <br />2.1.2. Purchase Price. The purchase price for the Project Mitigation Credits shall be five- <br />thousand eight-hundred and thirty and 00/100 Dollars (U.S. $5,830.00) <br />(“Purchase Price”). <br />2.1.3. Payment. Buyer agrees to pay the Purchase Price to Credit Seller within 30 days of <br />the effective date. <br />2.2. Buyer’s Obligations/Limitation on Transfer of Mitigation Credits/Project Information. <br />2.2.1. Mitigation Credits for Project. Buyer shall be solely responsible for determining <br />whether the Mitigation Credits may be used for the Project and the Permit(s). <br />Credit Seller provides no representation or warranty as to the utility or applicability <br />of the Mitigation Credits to the Project or Permit(s). Buyer acknowledges and <br />agrees that Credit Seller shall sell the Project Mitigation Credits specifically for the <br />Permit(s) identified in Section 2.2.2 below and that, as of Closing, said credits shall <br />not be transferable. <br />2.2.2. Project. [to be completed by Buyer] The Project, Permit(s), and related <br />information is as follows: <br />2.2.2.1. Buyer’s name, address, & telephone number: <br />City of Everett Public Works <br />Attn: Daniel Enrico, P.E. <br />3200 Cedar St <br />Everett, WA 98201 <br />2.2.2.2. Permitting Agency(ies) name(s), address(es), telephone number(s): <br />City of Everett <br />Planning Division <br />Attn: Grace Pollard <br />2930 Wetmore Ave Ste 8-A <br />Everett, WA 98201 <br />gpollard@everett.wa.gov
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