Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 23-069, authorizing execution of a restrictive covenant for Diking Improvement District 5 Advance Wetland Mitigation Site
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DEPARTMENT: Conservation & Natural Resources
ORIGINATOR: Aaron Kopp
EXECUTIVE RECOMMENDATION: Lacey Harper (2/3/23)
PURPOSE: To authorize the County Property Management Officer to execute on behalf of the County the Restrictive Covenant for Diking Improvement District 5 Advance Wetland Mitigation Area.
BACKGROUND: Snohomish County, holds title in fee simple real property for the benefit of Declarant, DID-5. Declarant, DID-5 holds the beneficial interest in the Property and desires to use the same as an Advance Mitigation Site, pursuant to which this real property covenant is required. Snohomish County consents and authorizes the recording of the real property covenant as a covenant binding upon, and appurtenant to, the Property for all purposes mentioned herein and to be bound by the real property covenant; Provided, however, that implementation of the Wetland Mitigation Plan shall be the sole and separate obligation of DID-5. The Property possesses natural, open space, ecological, and recreational values that are of great importance to Declarants and the Beneficiaries.
FISCAL IMPLICATIONS:
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DEPARTMENT FISCAL IMPACT NOTES: No fiscal implications.
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Reviewed/approved by: Finance (Nathan Kennedy 2/3/23)