HomeMy WebLinkAbout20191664 Ver 1_Credit Reservation Jan21, 2020_20200122BACHELORS DELIGHT MITIGATION BANK
CREDIT RESERVATION LETTER
January 21, 2020
TO: Jonathan McDaniel FROM: Bachelors Delight Mitigation Bank
Bell and Phillips c/o Land Management Group
604E Cedar Point Boulevard 3805 Wrightsville Avenue, Suite 15
Cedar Point, NC 28584 Wilmington, NC 28403
Project: One Harbor Church, 820 Main Street Extension - Swansboro
Dear Mr. McDaniel:
Pursuant to your recent credit request, Bachelors Delight Mitigation Bank (BDMB) is providing confirmation
of acceptance to supply non -riparian wetland compensatory mitigation credits for impacts associated with
the One Harbor Church project located at 820 Main Street Extension in Swansboro, North Carolina. 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 I
—F F_
S� trearn 0
Non -Riparian Wetland F— 0.1
Riparian Wetland
M
Fee Per Unit Fee
$525.65 $0.00
$52,273.99 F $5,227.40
$52,273.99 $0.00
r
Total Fee $5,227.40
Note that the BDMB provides wetland credits in 0.1-acre increments. Based upon receipt of the project
credit request transmitted on January 21, 2020, BDMB will reserve 0.1 non -riparian 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, BDMB will issue an invoice in the amount of $5,227.40. Upon
receipt of payment, BDMB 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.
BDMB 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 cpreziosi@lmgroup.net.
Sincerely,
Bachelors Delight Mitigation Bank
`0
Christian Preziosi
Land Management Group (Agent)