AGENDA MEMORANDUM

 

 

Meeting Date: July 13, 2009

 

From: Charlie Weller, Airport Manager

 

Subject: Resolutions accepting contracts with Hammock Lake Mitigation Bank, LLC and Ecosystems Land Mitigation Bank Corporation d/b/a Lake Louisa Land Trust for mitigation associated with the Runway 13/31 Extension Project at Leesburg International Airport

 

 

Staff Recommendation:

Staff recommends acceptance of the agreements with Hammock Lake Mitigation Bank, LLC and Ecosystems Land Mitigation Bank Corporation, d/b/a Lake Louisa Land Trust.

 

Analysis:

At the June 8, 2009 meeting, the City Commission authorized the City Manager to sign mitigation agreements related to the current phase of the Runway 13/31 Extension Project. This phase includes adding 1,000 feet of runway and associated parallel taxiway on the east end of Runway 13/31. The extension will impact 14.467 acres of primary and secondary wetlands. The purpose of the attached contracts is to mitigate 10.86 acres of impacted wetlands as required by the St. Johns River Water Management District (SJRWMD) and the US Army Corps of Engineers (USACOE) so that the project can move forward.

 

The contract with the Hammock Lake Mitigation Bank, LLC will satisfy the requirements of SJRWMD. The cost of that contract is $1,303,200.00. A deposit of $130,320.00 has been made to Hammock Lake Mitigation Bank, LLC to secure the necessary mitigation points. The balance, $1,172,880.00, must be paid when the permit for the project is issued by SJRWMD. The actual transfer of the credits from Hammock Lake Mitigation Bank, LLC to St. Johns Water Management District will not take place until payment in full has been received.

 

The contract with Ecosystems Land Mitigation Bank Corporation, d/b/a Lake Louisa Land Trust satisfies the mitigation requirement of the USACOE. The cost of the contract, $217,200.00, has been paid in full.

 

The total cost to mitigate this project to satisfy State and Federal Requirements is $1,520,400.00. The mitigation credits will be paid from grants that have already been accepted by the City Commission.

 


Options:

1. Accept the contracts with Hammock Lake Mitigation Bank, LLC and Ecosystems Land Mitigation Bank Corporation, d/b/a Lake Louisa Land Trust; or

2. Such alternative action as the Commission may deem appropriate

 

Fiscal Impact:

The total cost of both mitigation contracts is $1,520,400.00. Funding is provided through two grant programs.

 

The Hammock Lake purchase price of $1,303,200.00 is funded by the FAA grant accepted on June 22nd. That grant is a part of the American Recovery and Reinvestment Act of 2009 which provides $3,835,397.00 and no matching funds are required.

 

The Lake Louisa purchase price of $217,200.00 is funded by grants from the FAA and FDOT that were accepted in September, 2008. Those grants total $1,019,865.26. The funding breakdown for the Lake Louisa purchase is as follows:

 

FAA (95%)- $ 206,340.00

FDOT (2.5%)- $ 5,430.00

City of Leesburg (2.5%)- $ 5,430.00

 

Funding for this project was included in the Airport budget and the Capital Improvement Plan for Fiscal Year 08/09.

 

 

 

Submission Date and Time: 7/9/2009 5:20 PM____

 

Department: __Airport_______________

Prepared by: __Charlie Weller__________

Attachments: Yes _X___ No ______

Advertised: ____Not Required __X____

Dates: __________________________

Attorney Review : Yes___ No ____

_________________________________

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance Dept. JB______________

Deputy C.M. ___________________

Submitted by:

City Manager ___________________

 

Account No. _031-1821-542-3110__

 

Project No. __310018____________

 

WF No. _____301479/7__________

 

Budget _____$4,855,262.00_______

 

Available __ญญ__$4,337,242.00_______