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HomeMy WebLinkAbout20120280 Ver 1_More Info Received_20120809Mcmillan, Ian From: Jennifer Burdette Uburdetteblc @bellsouth.net] Sent: Thursday, August 09, 2012 10:20 AM To: 'Brown, Craig J SAW'; Mcmillan, Ian Cc: 'Matthews, Monte K SAW' Subject: Marketplace at Tramway Replacement Mitigation Letter Attachments: Statement of Availability_Marketplace at Tramway.pdf Attached is the replacement mitigation reservation letter for the subject project. I apologize for the large inconvenience and thank all of you for your resolution efforts. Please let me know if there is anything else that I can do to assist in processing. Thanks again, Jennifer Jennifer A. Burdette Burdette Land Consulting, Inc., 10212 Creedmoor Road, Raleigh, North Carolina 27615 (919) 841 -9977 (office) - (919) 422 -3605 (cell) - JBurdetteBLC @bellsouth.net Mitigation Credit Reservation Confirmation Letter Statement of Availability August 9, 2012 NC Division of Water Quality U.S. Army Corps of Engineers Reviewer: Ian McMillan ATTN: Monte Matthews /Craig Brown 401 Oversight /Express Permitting Unit Raleigh Regulatory Field Office 1650 Mail Service Center 3331 Heritage Trade Center, Suite 105 Raleigh, NC 27699 -1650 Wake Forest, NC 27587 Re: Reservation of Compensatory Non - Riparian Wetland Mitigation Credits Project: The Marketplace at Tramway Corps AID #: 201101375 DWQ Proj #: 20120280 This document confirms that The Market Place at Tramway, Bobby Branch (Applicant) has reserved for purchase up to 4.34 non - riparian wetland mitigation credits from the Barra Farms Phase II Wetland Mitigation Bank. Restoration Systems (RS) attests to the fact that 4.34 non - riparian wetland credits are currently available for immediate transfer from its Official Bank Credit Ledger to Applicant and that as of this date RS has placed 4.34 non - riparian wetland credits into "no- sale " - reservation status under the name of the project referenced on this document (Project). These 4.34 non - riparian wetland credits will remain in reservation status until payment in full is received from the Applicant, resulting in the issuance of a Credit Transfer Certificate by RS acknowledging that the applicant has fully secured credits from the bank and RS has accepted full responsibility for the mitigation obligation requiring the credits. If RS does not receive payment in full for the Mitigation Credits within thirty (30) prior to the initiation of Project construction, RS has the right to terminate this Reservation Letter, in which case RS will have no further obligation to provide mitigation credits to the Applicant. The Marketplace at Tramway — Compensatory Mitigation — RS RS will issue the Transfer Certificate within ten (10) days of receipt of the Purchase Price. RS shall provide to Applicant the Transfer Certificate debiting credits from the Bank Official Credit Ledger showing the permit number and the resource type secured by the applicant, and will send an a copy of the Transfer Certificate with an updated Official Credit Ledger to regulatory agencies showing the proper documentation. If any questions need to be answered, please contact me at 919 - 334 -9123 Best regards, 74yatw s oas Tiffani Bylow Project Manager Restoration Systems, LLC 1101 Haynes Street, Suite 211 Raleigh, NC 27604 The Marketplace at Tramway — Compensatory Mitigation — RS Reference to the Department of Army Corp, of Engineers 33 CFR Parts 332 and Environmental Protection Agency 40 CFR Part 230 Compensatory Mitigation for Losses of Aquatic Resources: the Final Rule. 332.8 Section (R) Use of Credits: the district engineer will determine the number and type of credits required to compensate for the authorized impacts, the sponsor must provide the permit applicant with at statement of credit availability. (this is the Reservation Letter) Section (1)(3)lf use of a mitigation bank or in -lieu fee program is approved by the district engineer to provide part or all of the required mitigation for a DA permit, the Permittee retains the responsibility for providing the compensatory mitigation until the appropriate number and resource type of credits have been secured from the sponsor and the district engineer has received documentation that confirms that the sponsor has accepted the responsibility for providing the required compensatory mitigation. This documentation must consist of a letter or form signed by the sponsor, with the permit number and a statement indicating the number and resource type of credits that have been secured from the sponsor. (this is the Transfer Certificate) • 332.3: (K) Permit Conditions: the compensatory mitigation requirements for a DA permit, including the amount and type of compensatory mitigation must be clearly stated in the special conditions of the individual permit or general permit verification. The special conditions must be enforceable. The Marketplace at Tramway — Compensatory Mitigation — RS