HomeMy WebLinkAbout20240071 Ver 1_Mitigation Information_20240216LOWER CAPE FEAR UMBRELLA MITIGATION BANK
STATEMENT OF CREDIT AVAILIBILITY
December 27, 2023
TO: ECS Southeast, LLC FROM: Lower Cape Fear Umbrella Mitigation Bank
Attn. Timothy O'Halloran c/o Davey Resource Group Inc
1812 Center Park Drive, Suite D 3805 Wrightsville Avenue, Suite 15
Charlotte, NC 28217 Wilmington, NC 28403
Project: Cedar Hill Industrial Development Project (Brunswick County, NC)
Mr. O'Halloran:
Pursuant to your recent credit request submitted on behalf of Samet Corporation (Applicant), the Lower
Cape Fear Umbrella Mitigation Bank (LCFUMB) is providing confirmation of acceptance to supply mitigation
credits for proposed riparian non-riverine wetland impacts associated with the Cedar Hill Industrial
Development project located in Navassa (Brunswick County), NC. This acceptance is 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 I Credits Reserved Fee Per Unit Fee
—F 1Stream 0.0 $740.09 $0.00
Non -Riparian Wetland 0.0 F$76,150.13 $0.00
[Riparian (Non-Riverine) Wetland 1.0 �$76,150.13 $76,150.13
F— Total Fee $76,150.13
Based upon receipt of your credit request transmitted on December 21, 2023, LCFUMB will reserve 1_0
riparian non-riverine 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 receipt of credit transfer, LCFUMB will issue an invoice in the amount of $76,150.13.
Upon receipt of payment, LCFUMB will provide an executed Transfer of Credit Certificate. Note that all
payments must be made with certified funds. It is the applicant's responsibility to ensure that the credit
types and amounts requested are consistent with the compensatory mitigation requirements of the permit(s)
issued. LCFUMB and/or its agents are not responsible for determining the applicant's mitigation
requirements. If you have any questions or need additional information, please contact me by phone at
(910) 452-0001 or by email at christian.preziosi@davey.com
Sincerely,
Davey Resource Group Inc. (agent for LCFUMB)
a
Christian Preziosi
Principal Consultant