Credit Purchase Option Agreement Sample Contracts

PARK CREEK STATION MITIGATION BANK CREDIT PURCHASE OPTION AGREEMENT
Credit Purchase Option Agreement • January 4th, 2022 • Colorado

This Credit Purchase Option Agreement (“Agreement”) is made and entered into this day of January, 2022 (“Effective Date”) by and between Burns & McDonnell Engineering Company, Inc., a Missouri Corporation (“Bank Sponsor”) and the Northern Integrated Supply Project Water Activity Enterprise, a government-owned business within the meaning of Article X,

Contract Summary Form
Credit Purchase Option Agreement • February 15th, 2022

Name of Project Park Creek Station Wetland Mitigation Bank – Credit Purchase Option Agreement Project Description This agreement outlines the purchase of 15 wetlands mitigation credits at a cost of $2,449,560.00 to satisfy a portion of the wetland mitigation that will be required in the NISP Clean Water Act Section 404 Permit. Entity or Enterprise Northern Integrated Supply Project Water Activity Enterprise - Fund 40 Agreement Number TBD Starting Date 3/10/2022 New or Amended New contract Final Completion Date TBD depending on date credits are available for purchase. Contract Expiration Date TBD depending on date credits are available for purchase NW Project Manager Christie Coleman Legal Approval by Michael Kopp Legal Approval Date 1/26/2022 Vendor Name Burns & McDonnell Vendor Key Contact Paul Sherman Vendor Address 9400 Ward Parkway, Kansas City, CO 64114 Vendor Phone 916-577-0659 Vendor Email pasherman@burnsmcd.com Procurement Type Negotiated Purchase Contract Amount $ 2,449,560.00