HomeMy WebLinkAboutPIP 97-07; Newton Business Center; Planned Industrial Permit (PIP) (28)d Environmental
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7722 Faro1 Place
Carlsbad, CA 92009-8324
Locating Envirownentaky Sensitive Property and
Coordinating Land Mitigation
January 26, 1998
City of Carlsbad
Planning Department
2075 Las Palmas Drive
Carlsbad, CA 92009
RE: Newton Drive Industrial Facility Site
Dear Planning Department:
Please find enclosed a copy of the receipt issued by Teck-Bilt, Inc. for the sale of
0.8 acre mitigation credit at the Manchester Avenue Conservation Bank for the impacts
at the Newton Drive Industrial Facility Site.
If you need anything further in regard to the satisfaction of the off-site mitigation
requirements, please give me a call.
cc: Industrial Developments International
RB Riggan and Associates (w/o encl)
ACKNOWLEDGMENT OF SALE OF CONSERVATION CREDITS
The undersigned Seller hereby acknowledges that it has sold and conveyed to Industrial
Developments International (“Purchaser”) zero point eight (0.8) Conservation Credits from the
Manchester Avenue Conservation Bank for the biological mitigation of multi suecies imuacts in
connection with the projects known as the Newton Drive Industrial Facility. All terms of this
conveyance shall be governed by the provision of the Conservation Credit Purchase Agreement
and Acknowledgment between Purchaser and the undersigned dated January 19, 1998.
Seller also acknowledges that Buyer has paid the full proceeds due including those amounts to be
applied towards the Endowment Deposit. Seller acknowledges that it is the Seller’s responsibility
to pay the Endowment Deposit associated with Buyer’s purchase.
SELLER:
By:Tech-Bilt, Inc.
Ted Tchang, Vice President ’ Date