HomeMy WebLinkAbout20211442 Ver 1_NECFUMB_Credit Reservation_FAA VORTAC_20210429NORTHEAST CAPE FEAR UMBRELLA MITIGATION BANK
Agent: Land Management Group
3805 Wrightsville Avenue, Suite 15
Wilmington, NC 28403
Credit Reservation Letter
August 11, 2021
NAVAIDS Eng Cta AJW-2E14C
Attn. Steven Morse
1701 Columbia Avenue
College Park, GA 30337
Project: FAA — Wilmington Airport — VORTAC Replacement (New Hanover County, NC)
Dear Mr. Morse:
Per the credit request submitted by Luke Eggering (agent), the Northeast Cape Fear Umbrella Mitigation Bank
(Bank) is providing preliminary acceptance to supply mitigation credits for proposed impacts to non -riparian
wetlands associated with the proposed Federal Aviation Administration (FAA) — Wilmington Airport —
VORTAC Replacement project in New Hanover County, NC (conditional upon receipt of payment as outlined
below). Please refer to the table below depicting the type and quantity of credits requested and reserved
for your project.
Mitigation Type
Stream
Non- Riparian Wetland
Riparian Wetland
Credit Source
N/A
Holly Shelter Bay
N/A
Credits Reserved
0
0.4
0.0
Fee Per Unit
$603.87
$67.442.06
$67.442.06
Total
Fee
$0.00
$26,976.82
$0.00
$26,976.82
Based upon receipt of the credit request, the Bank will reserve 0.4 non -riparian wetland credits for a period
of up to 90 days from the date of this letter. Note that requests to reserve credits beyond 90 days will require
a deposit. Please contact us if you need a reservation to extend beyond the 90-day period.
Upon request for credit transfer, the Bank will issue an invoice in the amount of $26,976.82. Upon receipt
of payment, the Bank will provide an executed Transfer of Credit Certificate for the total amount of credits
invoiced and paid for. If you have any questions or need additional information, please contact me by
phone at (910) 452-0001 or by email at cpreziosi@lmgroup.net.
Sincerely,
Northeast Cape Fear Umbrella Mitigation Bank
a/4, 7„,
Christian Preziosi
Land Management Group (agent)
Northeast Cape Fear Umbrella Mitigation Bank
c/o Land Management Group
3805 Wrightsville Avenue, Suite 15
Wilmington NC 28403
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