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CCAA Resolution 2005-0110 0 RESOLUTION NO. 05-11 RESOLUTION OF THE COLLIER COUNTY AIRPORT AUTHORITY AUTHORIZING THE EXECUTIVE DIRECTOR TO APPROVE A PAYMENT OF 556,880.00 TO SOUTHWEST FLORIDA WETLANDS TV FOR MITIGATION BANK CREDITS FROM PANTHER ISLAND MITIGATION BANK VVUEREAS, the Collier County Airport Authority ( "Authority ") received a SFWMD Environmental Resource Permit ('ERP") Modification No. 11- 00999 -S dated April 19,2005; and WHEREAS, the ERP is for the construction and operation of a surface water management system at the Immokalee Regional Airport; and WHEREAS, Special Condition 19 of the ERP requires that the Authority purchase 2.37 freshwater herbaceous credits from Panther Island, Mitigation Bank; and WHEREAS, the Collier County Board of Commissioners previously entered into a contract (County Bid 04 -3665) with Southwest Florida Wetlands jV for mitigation services, and the contract rate for mitigation bank transfers is $24,000.00 per credit; and WHEREAS, the Authority previously budgeted, from an FAA grant, $75,000.00 for mitigation at Immokalee Regional Airport. NOW THEREFORE, IT IS HEREBY RESOLVED BY THE COLLIER COUNTY AIRPORT AUTHORITY, that the Executive Director, Theresa M. Coop is hereby authorized to approve a payment to Southwest Florida Wetlands TV in the amount of $56,980.00 for 2.37 mitigation credits from Panther Island Mitigation Bank. PASSED AND DULY ADOPTED by affirmative majority vote of the Collier County Airport Authority this 13th day of Tune 2005. DATED: ATTEST: eresa . Cook, Executive Director q1wiess COLLIER COUNTY AIRPORT AUTHORITY COLLIER COUNTY, FLORIDA Robert E. Doyle 0"Imirmrf irm