20051986 Ver 5_More Info Received_20121119 (2)

Mitigation Credit Reservation Confirmation Letter
October 1, 2012
NC Division of Water Quality
401 Oversight /Express Permitting Unit
1650 Mail Service Center
Raleigh, NC 27699 -1650
Statement of Availability
U.S. Army Corps of Engineers
CESAW -RG -R
Raleigh Regulatory Field Office
3331 Heritage Trade Center, Suite 105
Wake Forest, NC 27587
Re: Reservation of Compensatory Stream Mitigation Credits tl
Project: HBP Properties, LLC — Phase 3: Legend Oaks Subdivision
Corps AID #: 200900106
DWQ Proj #: 20051986 � � e \X
This document confirms that HBP Properties, LLC (Applicant) has reserved for purchase43
stream mitigation credits from the Cripple Creek Stream & Wetland Mitigation Bank.
Restoration Systems (RS) attests to the fact that 252 stream mitigation credits are currently
available for immediate transfer from its Official Bank Credit Ledger to Applicant and that as of
this date RS has placed 252 stream mitigation credits into "no- sale " - reservation status under
the name of the project referenced on this document (Project). RS understands that the
Applicant will implement the permitted in three phases and will transfer mitigation credits
accordingly. It is anticipated that transferred amounts will be 69 credits, 90 credits and 93
credits for a total of 252 credits transferred.
These 252 stream credits will remain in reservation status until payment in full is received from
the Applicant, resulting in the issuance of a Credit Transfer Certificate(s) (as described above)
by RS acknowledging that the applicant has fully secured credits from the bank and RS has
HBP Properties, LLC - Legend Oaks. Phase 3 - Compensatory Mitigation - KS - Page 1