20211489 Ver 1_06b_Buffer SOA - Northern Durham Parkway – Phase 1_20211201

pres
EBX Buffer Mitigation Banks
Statement of Availability November 11,2021
NC Division of Water Resources
Rob Ridings
512 N. Salisbury St.
Archdale Building, 9th floor
Raleigh,NC 27604
Re Project: Northern Durham Parkway—Phase 1
This document confirms that City of Durham(Applicant) for the Northern Durham Parkway—Phase
1 (Project)has expressed an interest to utilize 36,774.00 Spuare Feet of Riparian Buffer Mitigation
Credits from the EBX sponsored Upper Neuse Riparian Buffer Umbrella Mitigation Bank or EBX-Neuse
I, LLC sponsored Bucher Mitigation Bank. The specific bank site to be debited will either be Cedar
Grove,Hatley or Bucher all located in HUC 03020201 and in the Falls Lake watershed. As the official
Bank Sponsor, EBX and EBX-Neuse 1,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.
Please contact me at 919-209-1075 or cparker(cr�,res.us if you have any questions or need additional
information.
Best Regards,
Caitlan B.Parker
Resource Environmental Solutions,LLC
701 E. Bay Street, Suite 306
Charleston, SC 29403
Bank Sponsors—Environmental Banc &Exchange(EBX)and EBX-Neuse 1,LLC