Hesperia

City Council

September 05, 2023 Item #7

Agenda Item 7

7. Page 33 CO 7046, Ranchero Road Under Crossing and Authorization to Purchase\nMitigation Bank Credits\nRecommended Action:\nIt is recommended that the City Council approve the Agreement for Sale of\nCredits with Desert Environmental Resources, Inc. (Bank Sponsor) in the\namount of $395,500 and authorize the City Manager to execute the agreement\nand any associated documents.\nStaff Person: Deputy Development Services Director Dani Fox and Director of\nDevelopment Services Nathan Freeman\nAttachments: SR Ranchero Under Crossing & Purchase Mitigation Bank Credits 9-5-2023\nAttachment 1- Agreement for Sale of Credits