Press Alt + R to read the document text or Alt + P to download or print.
This document contains no pages.
HomeMy WebLinkAbout20211056 Ver 1_Credit Reservation_Onslow Beach Bridge_20210630BACHELORS DELIGHT MITIGATION BANK
CREDIT RESERVATION LETTER
June 9, 2021
TO: Michael Baker International
c/o Terry Burhans
8000 Regency Parkway STE 600
Cary, NC 27518
FROM: Bachelors Delight Mitigation Bank
c/o Land Management Group
3805 Wrightsville Avenue, Suite 15
Wilmington, NC 28403
Project: P‐1387F: Onslow Beach Bridge (SBA 129) Replacement Project
Dear Mr. Burhans:
Pursuant to the credit request submitted on your behalf, Bachelors Delight Mitigation Bank (BDMB) is
providing confirmation of acceptance to supply riparian, non‐riparian wetland and stream mitigation credits
for impacts associated with The Onslow Beach Bridge Replacement Project in Onslow County, 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.
Based upon receipt of the project credit request transmitted on June 9, 2021, BDMB will reserve 0.3 Non‐
Riparian Wetland, 0.1 Riparian Wetland and 90 Stream credits for a period of up to 90 days from the date
of this letter. Note that wetland credits are sold in 0.1 acre increments and 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 $74,978.64.
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
Christian Preziosi
Land Management Group (Agent)
Mitigation Type Credits Reserved Fee Per Unit Fee
Stream 90 $558.81 $50,292.90
Non‐Riparian Wetland 0.3 $61,264.36 $18,379.31
Riparian Wetland 0.1 $61,264.36 $6,126.43
Total Fee $74,798.64