HomeMy WebLinkAbout20220939 Ver 1_Wetland Mitigation Credit SOA Barra Farm II 10-25-2022_20221025RESTORATION
SYSTEMS I LLC
Statement of Mitigation Credit Availability
Barra Farms II Wetland Mitigation Bank
October 25, 2022
Attn: Sarah (Liz) Hair
U.S. Army Corps of Engineers
Wilmington District— Regulatory Division
Re:
River Basin/HUC:
Availability of Compensatory Wetland Credits: USACE ID SAW-2022-01056
Cape Fear03030004
We are providing this letter in accordance with 33 CFR §332.8(r), to confirm that 0.29 Non -Riparian Wetland
Mitigation Credits (Credits) from the Barra Farm II (Bank) are currently available and all or a portion may be used,
once transferred, for compensatory mitigation relative to the Griffon Pointe Subdivision project, SAW-2022-01056
upon approval by the USACE.
The Applicant may ultimately purchase the Credits, if they are available, following Permit issuance. Should the
Applicant purchase the Credits at that time, we will complete and execute the Compensatory Mitigation
Responsibility Transfer Form (Transfer Form) within five (5) days of receipt of the full purchase price.
We will additionally provide copies of the completed and executed Transfer Form to the Applicant, the Bank's US
Army Corps (USACE) Project Manager and, if needed, other regulatory agencies. In addition, we will provide USACE
with an updated copy of the Bank's Ledger, reflecting the transaction. Transaction information in the updated Bank
Ledger will include relevant Permit and Applicant information as well as the number and resource type of the debited
Credits.
Should your office have any questions, please contact me at 919.334.9118.
Sincerely,
Barrett Jenkins
Restoration Systems, LLC