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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)