HomeMy WebLinkAbout20090455 Ver 2_More Info Received_202312214
WATER & LAND
SOLUTIONS
WLS Turtle Creek Mitigation Bank
Statement of Availability December 18, 2023
NC DEQ DWR
Michael Meilinger
Wilmington Regional Office
Michael.Meilinger@deq.nc.gov
Re Project: Bublitz Site (PA-1122)
This document confirms that Scott Bublitz (Applicant) for the Bublitz-4532 24th Ave., North Topsail
Beach Site (Project) has expressed an interest to utilize 0.09 Riparian Wetland Mitigation Credits
from the Water & Land Solutions, LLC sponsored WLS Turtle Creek Mitigation Bank, specifically
0.09 wetland credits from the Turtle Creek Mitigation Bank, in the White Oak 01. As the official Bank
Sponsor, Water & Land Solutions, LLC, 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 352-874-7370.
Best Regards,
Kae Hovater
Water & Land Solutions, LLC
7721 Six Forks Road, Suite 130
Raleigh, NC 27615