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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