20210364 Ver 1_RES Buffer Statement of Availability_20220706

Strickland, Bev
From: Amy Staley <[e-mail]>
Sent: Wednesday, July 6, 2022 7:02 PM
To: John Farmer
Cc: DePalma, Alicia Knowles; Morris, Tom E.; Keith Gualtieri; Daniel Ramsay; Cohn, Colleen
M; Caroline Irvin; Breanne Loveland
Subject: [External] RE: PNG Line 142; Wake and Johnston Counties, NC
Attachments: Buffer SOA - PNG Line 142 Gas Pipeline.pdf
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Hi Mr. Farmer,
We received a credit release last week and currently have 74,898.226 buffer credits available, they are
$1.30/credit. I have attached the SOA for that amount, it is good for 90 days. Please let me know if I can help
you with anything else.
Thank you!
Amy Staley
Credit Sales Manager
RES I res.us
Direct: 919.209.1055
Restoring a resilient earth for a modern world
From: John Farmer <[e-mail]>
Sent: Wednesday, July 6, 2022 4:08 PM
To: Amy Staley <[e-mail]>
Cc: DePalma, Alicia Knowles <[e-mail]>; Morris, Tom E. <[e-mail]>;
Keith Gualtieri <[e-mail]>; Cohn, Colleen M <[e-mail]>
Subject: [EXTERNAL] PNG Line 142; Wake and Johnston Counties, NC
Good Afternoon Ms. Staley:
We have determined the riparian buffer mitigation credits for the PNG Line 142 project in Wake and Johnston Counties.
As such, please forward a Statement of Availability letter for 575,700 square feet of riparian buffer credits. The project
information remains the same as follows:
PNG Line 142 Gas Pipeline
Piedmont Natural Gas Company, Inc.
4720 Piedmont Row Drive
Charlotte, NC 28210
Tom Morris
Project Manager
In addition, let us know of the current price of the riparian buffer credits.
i.

Thanks for your help!
John L. Farmer, PE, CPESC, TN QHP
Energy Land & Infrastructure, LLC (PLLC in NC)
745 South Church Street, Suite 801
Murfreesboro, TN 37130
[phone] Office
[e-mail]
2

fires
EBX Buffer Mitigation Banks
Statement of Availability July 6, 2022
NC Division of Water Resources
Colleen Cohn
512 N. Salisbury St.
Archdale Building, 9th floor
Raleigh, NC 27604
Re Project: PNG Line 142 Gas Pipeline
This document confirms that Piedmont Natural Gas Company, Inc. (Applicant) for the PNG Line 142 Gas Pipeline
(Project) has expressed an interest to utilize 74,898.226 Square Feet of Riparian Buffer Mitigation Credits from one of
the following banks, EBX-Neuse I, LLC Neuse Riparian Buffer Umbrella Mitigation Bank, RES Neuse Buffer and Nutrient
Offset Umbrella Mitigation Bank, RES Poplar Creek Buffer & Nutrient Offset Umbrella Mitigation Bank, EBX Upper Neuse
Riparian Buffer Umbrella Mitigation Bank, RES 2021 Neuse Umbrella Mitigation Bank, or RES 2022 Phase II Umbrella
Mitigation Bank. Specific bank sites that may be debited are Buffalo Branch, Selma Mill, Cedar Grove, Hatley, Bucher,
Hannah Bridge, Stone Creek, Meadow Spring, Uzzle, Poplar Creek, Polecat, Wolf King and Thunder Swamp Phase II Bank,
all located in HUC 03020201. As the official Bank Sponsor, Environmental Banc & Exchange (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 919-209-1055 or [e-mail] if you have any questions.
Thank you!
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Amy Staley
Credit Sales Manager
Bank Sponsor— Environmental Banc & Exchange (EBX)