City Council

D.3 Agreement for Purchase of Mitigation Bank Credits Associated with Capital\nImprovement Project 2017-028 Fire Station No. 106\nAuthorize an agreement in an amount of $59,500 for purchase of mitigation bank\ncredits associated with CIP 2017-028 Fire Station No. 106 (formerly known as the\nWestside Fire Station).\nRecommended Action:\nAuthorize the Mayor to execute an agreement for the sale of credits in an amount of\nPage 2 of 6\n$59,500 for purchase of mitigation bank credits associated with CIP 2017-028 Fire\nStation No. 106, and\nAuthorize City staff to effectuate the cancellation of letter of credit with the California\nDepartment of Fish and Wildlife associated with CIP-028 Fire Station No. 106.