No preview available
HomeMy WebLinkAbout20161033 Ver 1_Buffer SOA Waterstone 102716_20161031 pres EBX Buffer Mitigation Banks Statement of Availability October 27,2016 NC Division of Water Resources Ms. Cherri Smith 512 N. Salisbury St. Archdale Building, 9th floor Raleigh,NC 27604 Re Project: Waterstone This document confirms that Lennar Carolinas,LLC (Applicant) for the Waterstone(Project)has expressed an interest to utilize 31,378.50 Square Feet of Riparian Buffer Mitigation Credits from the EBX sponsored Upper Neuse Riparian Buffer Umbrella Mitigation Bank. The specific bank site to be debited will be either be Cedar Grove,Hatley, or Ezell, all located in HUC 03020201 and in the Falls Lake watershed. As the official Bank Sponsor, 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 919-209-1052 or ccondergres.us if you have any questions or need additional information. Best Regards, e4'�— /� ev� Cara S. Conder Resource Environmental Solutions, LLC 302 Jefferson Street, Suite 110 Raleigh,NC 27605 Bank Sponsor—Environmental Banc &Exchange (EBX)