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PURCHASE AGREEMENT <br /> FOR <br /> WETLAND BANKING CREDITS <br /> ' THIS AGREEMENT is made this L: day of 14�r' 2012 between <br /> Michael and Melanie DeLuca(Seller)and Spring Hill Golf Club(Buyer). <br /> to buy from Seller,the wetland banking credits <br /> I. Seller agrees to sell to Buyer, and Buyer agrees y g . <br /> (Credits)listed below: <br /> CREDITS TO BE SOLD <br /> ' Credit Acres or Wetland Plant Community Type Cost per State Fee <br /> Sub- Sq.Ft. Circ.39 Acre or Sq. 6.5% Fee Cost <br /> Grou 1 Type; Foot <br /> ' A. 0.065 <br /> ' B. <br /> 0.065 <br /> C. 0.065 - <br /> D. 0.065 <br /> E. 11,755 SF 4 Shallow Marsh $1.05/SF 0.065 $802.30 <br /> F. 11,755 SF U Upland Buffer $1.05/SF 0.065 $802.30 <br /> Totals 23,510 SF $1,604.60 <br /> Check he if ditto a credit b- s art of is account an are lis n an attachment to this docume <br /> 'A separate credit sub-group shall be established for each wetland or wetland area that has different wetland characteristics. <br /> ' 'Circular 39 types:1,1L,2,3,4,5,6,7, 8,B,U. <br /> 'Wetland plant community type: shallow open water,deep marsh,shallow marsh,sedge meadow,fresh meadow,wet to <br /> wet-mesic prairie,calcareous fen,open bog or coniferous bog,shrub-carr/alder thicket,hardwood swamp or coniferous <br /> swamp,floodplain forest,seasonally flooded basin.See Wetland Plants and Plant Communities of Minnesota and <br /> Wisconsin(Eggers raid Aced,199;9 as modified by the Board of Water and Soil Resources,United States Army Corps <br /> of Engineers.. <br /> 2. Seller represents and warrants as follows: <br /> a) The Credits are deposited in an account in the Minnesota Wetland Bank administered by the <br /> Minnesota Board of Water and Soil Resources (BWSR)pursuant to Minn.Rules Chapter <br /> ' 8420.0700-.0760. <br /> b) Seller owns the Credits and has the right to sell the Credits to Buyer. <br /> 3. p <br /> Buyer will ay Seller a total of$24,686 for the Credits,as follows: <br /> Y <br /> a) ($2;469 as earnest money,.30 be paid when this Agreement is signed;and <br /> b) The balance of$22,217 to be paid on the Closing Date listed below. <br /> Page 1 of 2 <br /> BWSR Form:wca-bank-12(purchase agreement�doc <br /> ' Revised 6/1/2010 <br />