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HomeMy WebLinkAbout20080229 Ver 2_Mitigation Bank Credit Release_20090211Kulz, Eric v i From: Lori Jordan [lorijordan@EarthMark.US] Sent: Thursday, February 11, 2010 1:29 PM To: eric.kulz@ncmail.net Cc: monte.k.matthews@saw02.usace.army. mil; Matt Fisher Subject: City of Raleigh 4410 Buffer Credits Attachments: 20100211131543119.pdf; City of Raleigh-Dempsey E. Benson pdf Lori Jordan Human Resource Manager Earthmark Mitigation Services, LLC 12800 University Drive Suite 400 Fort Myers, Fl. 33907 239-415-6218 239-415-624o Fax ova 1 Eart ark M I T I GAT I ON S E R V I C E S Bringing business into a natural environment February 11, 2010 NC Department of Environmental and Natural Resources Division of Water Quality Eric W Kulz Environmental Specialist 401 Oversight and Express Permitting Unit 2321 Crabtree Blvd , Suite 250 Raleigh, NC 27604 Dear Eric, Please see attached Buffer Credit ledger for the Forrest Creek Riparian Buffer Mitigation Bank as required under our Mitigation Banking Instrument Agreement Action ID # DWQ#08-0229 The credit ledger references Riparian Buffer Mitigation units debited/transferred for City of Raleigh- Dempsey E Benton WTP If you have any questions, please feel free to contact me via email at loriiordan@earthmark.us with any questions Best regards, r ?. Lori an EarthMark Mitigation Services/DBA as Mid-Atlantic Mitigation, LLC Bank Sponsor of Forrest Creek Mitigation Bank 12800 University Drive, Suite 400 Fort Myers, FI. 33907 Cc: Mr Monte Matthews, USACE 12800 UNIVERSITY DR. SUITE 400 FT, MYERS'FLORIDA 33907 PH 239.415.6250 FX 239.415 6243 1960 DERITA ROAD • CONCORD, NC 28027- PH 704:782.4133 FX 704 782.4148 137 1/2 EAST MAIN STREET SUITE 210 -OAK HILL, WV 25901 PH 304:465 4300 FX 304 465 4302 EarthMa.rk MITIGATION SERVICES Floiida North Carolina West Virginia FORREST CREEK RIPARIAN BUFFER MITIGATION BANK TRANSFER OF CREDIT CERTIFICATE This document, executed by and between City Of Ralegh Public Utilities, ('Purchaser") and EarthMaric Mid-Atlantic Mitigation. LLC a North Carolina limited liability company ("Banker"), certifies and acknowledges Transfer of Riparian Buffer Mitigation obligations, as follows: WITNESSETH In consideration of the covenants and considerations recited herein: 1 By execution of this Agreement, Parties agrees to the assumption of Required Riparian Buffer Restoration Credits in Neuse River Basin, Cataloging Unit 03020201 As a Permil Condition. J he project will impact protected riparian buffers indentified in 15A, NCAC 2$ 0233 (Neuse), 15A NCAC 2B .0259 (Tar-Pamlico), 15A NCAC 02B 0243 (Catawba), or 15A NCAC 28 0250 Neuse,86ffer Rules Banker acknowledges and agrees that upon the execution of the Certificate by Banker; and delivery to DWQ of a copy of this executed Certificate, that all obligations with respect to this Riparian Buffer, Mitigation obligation shall be the sole obligation of Banker as authorized Pursuant to the "Forrest Creek Ripadan'Bufer Mitigation Bank", "Mitigation Banking Agreement", dated April 2008 Banker shall assume a .total 4410 Buffer Credits for this transferred obligation and be deducted from Bank Credit Ledger' 2 Banker acknowledges that Purchaser has made full payment to the Forrest Creek Riparian Buffer Mitigation Bank and agrees to fulfill the Compensatory Mitigation Obligations 3 Upon execution of this Agreement, Banker shall forwardlan original of same to the DWQ 4 The Banker certifies that mitigation credits are immediately available to Purchaser and that all conditions relating to providing the transferred of mitigation obligation outlined in Permit Action DWQ EXP#006-1144v7, Permit Condition #2, are satisfied 5 Banker hereby acknowledges the debit of 4410 Crq?£Ilts from Banker Mitigation Bank Ledger 12800 University Di Suite 400 Ft Myezs Florida, 33907 ph 239 415 6200 fs 239 415 6298 1960 Derita Road, Concord; NC 28027 ph 704 782 4133 fx 704.782.4148 M1IIGATION SERVICES Florida North Carolina West Virginia FORREST CREEK RIPARIAN BUFFER MITIGATION BANK TRANSFER OF CREDIT CERTIFICATE IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals on the dates written below their signatures Signed, sealed and delivered: BANKER-FORREST CREEK RIPARIAN BUFFER MITIGATION BANK EARTHMARK MID ATLANTIC MITIGATION. L.L.C. a North Carolina Limited Liability Comnany Print Name: 6 I1/4- Print Name: 1 Date: Title: Ye ..._ Date: ??-L----...T - Cyndi B Karoly Program Manager 401 Oversight and Express Review Program Lauren Witherspoon - Raleigh Regional Office Central Piles 12800 University Dr Suite 400 Ft Myers Florida, 33907 ph 239,415 6200 fx 239 415 6298 1960 Dwita• Road, Concord, NC 28027 ph 704 782 4133 fx 704.782 4148 T w n a c A N (T ( D Q?1 O ? O qQ S cc (O m CD 0 A Q H M w , cD a rn m Ln -co SO W O CO 0 0 'D 0 0 0 X m A C4 co ro w ? o O OD OD O N 0 K O 0 0 ? ? ? w ~ O I2V N `V N IV N N ()i OD N . ? N N (h N W N I D p 0 0 0 ° S S S O O (0 (0 (0 (0 (0 co oD o € O" F (a :3 0 O Q COD (D O N C CD ((AA .T1 Al N N O r- D , a) 7 7 N 7' zT N __ , ? ? N p (D N C (D 0 0 N °7 1 v 70 m m o ? (D 0 O N N N ni 0 0 v S (?' 0 JD a 4° m ° T 4° a m IM vi W (p - - y co 7 ry7 Q 0 a w V j rn .NA ? v ia _ Cn 0 A W Cl) a W O ? O 0 a O co Ln 0 0 w v N N N N W W W W W W W 0 C O O _ 0 0 _ A -I O v O 'J O v O a4 O ?! 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