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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 1