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HomeMy WebLinkAbout20220241 Ver 1_Mitigation Bank SOA_20230126BACHELORS DELIGHT MITIGATION BANK CREDIT RESERVATION LETTER January 26, 2023 TO: Martin Marietta Attn. Thomas Brown 2700 Wycliff Road, Suite 104 Raleigh, NC 27607 Project: Belgrade Quarry Dear Mr. Brown: FROM: Bachelors Delight Mitigation Bank c/o Davey Resource Group 3805 Wrightsville Avenue, Suite 15 Wilmington, NC 28403 Pursuant to your recent updated credit request, Bachelors Delight Mitigation Bank (BDMB) is providing confirmation of acceptance to supply stream and riparian wetland mitigation credits for impacts associated with the Belgrade Quarry Project. This acceptance is conditional upon receipt of payment for mitigation in full per the fee table to be provided under separate cover. Please refer to the table below depicting the type and quantity of credits requested and reserved for your project. Mitigation Type Credits Reserved Non -Riparian Wetland 1,005 0.0 Riparian Wetland 8.08 Note that the fees for the mitigation types and quantities identified above will not exceed the State of North Carolina Division of Mitigation Services fee schedule (currently $646.12 per stream credit and $99,476.51 per wetland credit). Based upon receipt of the recent project credit request, BDMB will reserve 1,005 stream credits and 8.08 riparian wetland credits for a period of 90 days from the date of this letter. Requests to extend beyond the 90-day reservation period may require a non-refundable deposit. Upon request for receipt of credit transfer, BDMB will issue an invoice for the total mitigation payment required. Subsequent to receipt of payment in full, BDMB will provide an executed Compensatory Mitigation Responsibility Transfer Form. Note that all payments must be made with certified funds. It is the applicant's responsibility to ensure that the credit types and amounts requested are consistent with the compensatory mitigation requirements of the permit(s) issued. BDMB and/or its agents are not responsible for determining the applicant's mitigation requirements. If you have any questions or need additional information, please contact me by phone at (910) 452-0001 or by email at Christian.Preziosi@davey.com. Sincerely, Bachelors Delight Mitigation Bank % r rj1 Christian Preziosi Davey Resource Group (Agent)