HomeMy WebLinkAbout20180957 Ver 2_05_C&B Buffer SOA - Greensboro Downtown Greenway Project_20211217
EBX Buffer Mitigation Banks
Statement of Availability December 16, 2021
NC Division of Water Resources
James Lastinger
512 N. Salisbury St.
Archdale Building, 9th floor
Raleigh, NC 27604
Re Project: Greensboro Downtown Greenway Project
This document confirms that City of Greensboro (Applicant) for the Greensboro Downtown
Greenway Project (Project) has expressed an interest to utilize 12,465 Square Feet of Riparian Buffer
Mitigation Credits from the following bank, Cloud & Banner Nutrient Offset & Buffer Mitigation Bank.
The specific bank site that may be debited Cloud & Banner, that is located in Haw River Arm of HUC
03030002. As the official Bank Sponsor, EBX, 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 854-900-3222 or dlach@res.us if you have any questions.
Best,
David Lach
Resource Environmental Solutions, LLC
3117 Whiting Avenue, Suite 201
Charlotte, NC 28205
Bank Sponsor – Environmental Banc & Exchange (EBX)