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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