Lake Elsinore

City Council

June 27, 2023 Item #9

Agenda Item 9

9)\nRiverpark Mitigation Bank Credit Reservation Agreement for Murrieta Creek\nMulti-Use Trail Project\nApprove and authorize the City Manager to execute a Mitigation Credit Reservation\nAgreement in the initial deposit amount of $119,000 to be applied towards the\npurchase of mitigation credits pursuant to an Agreement for Sale of Credits in the\ntotal amount of $1,190,000 in substantially the form attached and in such final form\nas approved by the City Attorney.