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HomeMy WebLinkAboutNOTIFICATION to Corps - Cottonwood Subdivision SRI Missouri Headwaters, LLC c/o Swift River Investments, LLC 53 Williams Street Upton, MA 01568 NOTIFICATION OF ACCEPTANCE OF LIABILITY FOR MITIGATION REQUIREMENT US ARMY CORPS OF ENGINEERS FILE NUMBER NWO-2017-02234-MTH Casey Lynch / Cottonwood Subdivision – unavoidable impacts to 0.337 acres of wetlands associated with Farmer’s Canal in Gallatin County, MT To the US Army Corps of Engineers, Omaha District, Montana State Regulatory Office (the “Corps”): Casey Lynch / Cottonwood Subdivision (“Permittee”) has been issued a Section 404 Clean Water Act permit, with Permit No. NWO-2017-02234-MTH (the “Permit”). The Permit authorizes Permittee to purchase mitigation credits from a “third-party provider” as specified in 33 CFR 332, in this case the Upper Missouri Mitigation Bank, sponsored by SRI Missouri Headwaters, LLC (the “Bank”) to mitigate Permittee’s impacts to the following aquatic resources: Placement of native fill, uncrushed subbase, crushed gravel and asphalt in wetlands associated with Farmer’s Canal, impacting 0.337 acres in Gallatin County, Montana requiring 0.337 wetland credits as compensatory mitigation with such mitigation hereafter referred to as the “Mitigation Requirement”. Pursuant to the terms and conditions of a Mitigation Credit Purchase Agreement and Acknowledgment, executed by Permittee and the Bank, and following payment in full by Permittee for the specified mitigation credits, the Bank has agreed to accept responsibility for the Mitigation Requirement in perpetuity. The Bank, by acceptance of payment for the Mitigation Requirement, acknowledges that the Bank is responsible for the off-site compensatory mitigation activities as required in the Permit and agrees to complete the off-site compensatory mitigation in accordance with provisions specified in the Mitigation Bank Agreement dated October 12, 2012, executed by the Corps District Commander March 7, 2013. Dated this 15th day of April, 2019. FOR: SRI Missouri Headwaters, LLC, Sponsor By _____________________________, its Agent David D Patrick, Jr, Principal Eco-Asset Management, LLC