File #: 19-0296    Version: 1 Name: Resource Environmental Solutions (“RES”), Bellaire, Texas
Type: Partnership Agreement Status: Approved
File created: 6/11/2019 In control: FPD Board of Commissioners
On agenda: 6/25/2019 Final action: 6/25/2019
Title: PROPOSED PARTNERSHIP AGREEMENT Request: Requesting authorization for the Forest Preserves of Cook County (the "Forest Preserves") to enter into a Partnership Agreement with Resource Environmental Solutions ("RES"), Bellaire, Texas. Reason: The proposed agreement will authorize the Forest Preserves to partner with RES to develop, manage and maintain a wetland mitigation bank at the Paul Douglas Preserve in Hoffman Estates. The projects will provide a restoration of wetlands that will benefit wildlife and restore native vegetation to a degraded portion of the preserve. Project design will require approval by the Forest Preserves, which will assume management of the project at the end of the five (5) year restoration work. RES is an ecological restoration and water resource solutions company that partners with government agencies and other landowners to match restoration needs with mitigation needs. Contract period: 7/23/2019 - 6/30/2024 Fiscal Impact: None Account(s): N/A Conc...
Indexes: (Inactive) ARNOLD RANDALL, General Superintendent

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PROPOSED PARTNERSHIP AGREEMENT

 

Request:  Requesting authorization for the Forest Preserves of Cook County (the “Forest Preserves”) to enter into a Partnership Agreement with Resource Environmental Solutions (“RES”), Bellaire, Texas.

 

Reason:  The proposed agreement will authorize the Forest Preserves to partner with RES to develop, manage and maintain a wetland mitigation bank at the Paul Douglas Preserve in Hoffman Estates. The projects will provide a restoration of wetlands that will benefit wildlife and restore native vegetation to a degraded portion of the preserve. Project design will require approval by the Forest Preserves, which will assume management of the project at the end of the five (5) year restoration work.

 

RES is an ecological restoration and water resource solutions company that partners with government agencies and other landowners to match restoration needs with mitigation needs.

 

Contract period:  7/23/2019 - 6/30/2024

 

Fiscal Impact: None

 

Account(s):  N/A

 

Concurrences:

 

The Chief Financial Officer and Chief Attorney have approved this item.

 

District(s):  15

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