HomeMy WebLinkAbout20150207 Ver 1_Mitchell Mill Road Buffer Mit_20150812
EBX Buffer Mitigation Banks
Statement of Availability August 12, 2015
NC Division of Water Resources
Ms. Katie Merritt & Ms. Cherri Smith
512 N. Salisbury St.
Archdale Building, 9th floor
Raleigh, NC 27604
Re Project:Mitchell Mill Road
City of RaleighMitchell Mill Road
This document confirms that (Applicant) for the (Project) has
74,070 Square Feet of Riparian Buffer Mitigation Credits
expressed an interest to utilize from the
EBX-EM sponsored Forrest Creek Riparian Buffer Mitigation Bank located in HUC 03020201. As the
official Bank Sponsor, EBX-EM, 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.
If any questions need to be answered, please contact me at 919-209-1052.
Best Regards,
Cara S. Conder
Resource Environmental Solutions, LLC
302 Jefferson Street, Suite 110
Raleigh, NC 27605