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HomeMy WebLinkAbout05(F) - Authorize a Memorandum of Agreement with the Prior Lake-Spring Lake Watershed District Report K:\013977-000\Admin\Permits\PLSLWD\013977-000 Credit Deficit Memorandum of Understanding.docx 701 XENIA AVENUE S | SUITE 300 | MINNEAPOLIS, MN | 55416 | 763.541.4800 | WSBENG.COM Memorandum To: Prior Lake Spring Lake Watershed District From: Jake Newhall, PE Laura Kivisto, EIT Date: January 25, 2021 Re: Memorandum of Understanding – Credit Deficit WSB Project No. 013977-000 The City of Prior Lake understands that Phase 1 of the Fish Point Road Reconstruction project occurring in 2021 has resulted in a net deficit of stormwater credits. Based on calculations of a 2-year, 24-hour runoff volume from the proposed impervious area, Phase 1 of the project requires 26,136 cubic feet of credits. The City of Prior Lake has 24,231 cubic feet of credits to be used for the project. The City now sits in a stormwater credit deficit by 1,905 cubic feet.