20201248 Ver 1_Neu-Con SOA - Arrington Bridge III_20210113

fires
EBX-Neuse I, LLC Stream and Wetland Banks
Statement of Availability December 30, 2020
U.S. Army Corps of Engineers
Samantha Dailey
Raleigh Regulatory Field Office
3331 Heritage Trade Center, Suite 105
Wake Forest, NC 27587
Re Project: The Glen/The Meadows at Hollybrook
This document confirms that Fred Smith Jr. (Applicant) for the The Glen/The Meadows at Hollybrook
(Project) has expressed an interest to utilize 0.58 Riparian Wetland Mitigation Credits from the EBX-
Neuse sponsored Neu -Con Wetland & Stream Umbrella Mitigation Bank, specifically wetland credits
from the Arrington Bridge III Site, in the Neuse HUC 03020201. As the official Bank Sponsor, EBX-
Neuse I, LLC, 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.
If any questions need to be answered, please contact me at 919-209-1075.
Best Regards,
FTC
Caitlan B. Parker
Resource Environmental Solutions, LLC
701 E. Bay Street, Suite 306
Charleston, SC 29403