2017-016 Approving Transfer of Credit for Storm Water Management from the Cottageville Park Storm Water Management SystemCITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2017-016
RESOLUTION APPROVING TRANSFER OF CREDIT
FOR STORM WATER MANAGEM�NT FROM THE
COTTAGEVILLE PARK STORM WATGR MANAG�MENT SYSTEM
WHEREAS, the City of Hopkins (City) and Minnehaha Creek Watershed District
(District) partnered to construct an underground storm water treatment system in Cottageville
Park, and
WHEREAS, construction of the system created a storm water abstraction benefit credit
for each party that can be used or transfened to other parCies to satisfy District storm water
permitting requirements, and
WHEREAS, a Technical Memorandum prepared by the District engineer, Wenck
Associates, Incorporated dated July 7, 2016 calculates the total storm water rate control, volume
control, and phosphorus removal benefit for the City and the District, and
WHEREAS, the City has negotiated with Project For Pride in Living, LLC (PPL) to
transfer 2,679 cubic feet of storm water abstraction credits and 0.25, 0.27, and 0.26 CFS rate
control credits for the 1-, 10-, and 100- Year storm events respectively for their use to satisfy
District storm water permitting requirements for the Oxford Village project, and
WHER�AS, as compensation for the storm water management credits PPL will pay the
City $66,841.05,
WHEREAS, the City will be responsible for any accounting or funding adjustment
resulting from this transaction, if the Clean Water Fund grant that supported treatment system
construction should require;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Hopkins,
Minnesota:
The Mayor and City Manager are hereby authorized to approve the transfer of stonn water
abstraction credits owned by the City to PPL.
Adopted by the City Council of the City of Hopkins, Minnesota, this 215` day of February, 2017.
By �2QZ��� �.,�wu� � �J
Molly C mmings, Mayor
ATTEST:
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Amy Dome�er, City Clerk