20211559 Ver 1_Buffer SOA_20210104

EBX Buffer Mitigation Banks
Statement of Availability January 4, 2022

NC Division of Water Resources
Stephanie Goss
512 N. Salisbury St.
Archdale Building, 9th floor
Raleigh, NC 27604

Re Project: Monge Residence

This document confirms that the Chris & Rebecca Monge (Applicant) for the Monge Residence
(Project) has expressed an interest to utilize 180.00 Square Feet of Riparian Buffer Mitigation Credits
from one or both of the following banks, EBX-Neuse I, LLC Neuse Riparian Buffer Umbrella Mitigation
Bank or EBX Upper Neuse Riparian Buffer Umbrella Mitigation Bank. Specific bank sites that will be
debited will either be Buffalo Branch, Bucher, Selma Mill, Cedar Grove, Polecat, Stone Creek, Hannah
Bridge, Meadow Spring, Poplar Creek, Uzzle and/or Hatley, all located in HUC 03020201. As the official
Bank Sponsor, EBX-Neuse I, LLC and EBX, attests to the fact that mitigation is available for reservation
at this time.
These mitigation credits are not considered secured, and consequently are eligible to be used for alternate
purposes by the Bank Sponsor, until payment in full is received from the Applicant resulting in the
issuance of a Mitigation Credit Transfer Certificate by the bank acknowledging that the Applicant has
fully secured credits from the bank and the Banker has accepted full responsibility for the mitigation
obligation requiring the credits/units.
The Banker will issue the Mitigation Credit Transfer Certificate within three (3) days of receipt of the
purchase price. Banker shall provide to Applicant a copy of the Mitigation Credit Transfer Certificate and
a documented copy of the debit of credits from the Bank Official Credit Ledger(s), indicating the permit
number and the resource type secured by the applicant. A copy of the Mitigation Credit Transfer
Certificate, with an updated Official Credit Ledger will also be sent to regulatory agencies showing the
proper documentation.
Please contact me at 854-900-3222 or [e-mail] if you have any questions or need additional
information.
Best Regards,
David Lach
Resource Environmental Solutions, LLC
701 E. Bay Street, Suite 306
Charleston, SC 29403

Bank Sponsor – EBX-Neuse I, LLC or Environmental Banc & Exchange (EBX)