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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)