20201265 Ver 1_Neu-Con Stream SOA - Poplar Creek_20211015

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EBX-Neuse I,LLC Stream and Wetland Banks
Statement of Availability September 29,2021
U.S.Army Corps of Engineers
Lyle Phillips
Raleigh Regulatory Field Office
3331 Heritage Trade Center, Suite 105
Wake Forest,NC 27587
Re Project: Improvements to Barwell Road from Rock Quarry Road to Berkley Lake Road and
Realignment of Pearl Road in Raleigh,NC
This document confirms that City of Raleigh(Applicant)for the Improvements to Barwell Road from
Rock Quarry Road to Berkley Lake Road and Realignment of Pearl Road in Raleigh,NC (Project)
has expressed an interest to utilize 231.00 Stream Mitigation Credits the EBX-Neuse sponsored Neu-
Con Wetland& Stream Umbrella Mitigation Bank,specifically 231.00 stream credits from the Poplar
Creek 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,
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Caitlan B. Parker
Resource Environmental Solutions,LLC
701 E. Bay Street, Suite 306
Charleston, SC 2922.903