20230201 Ver 1_Acceptance Letter_20230321 (2)

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Environmental Banc & Exchange, LLC Stream and Wetland Banks
Statement of Availability March 21, 2023
U.S. Army Corps of Engineers
Brooke Davis
Asheville Regulatory Field Office
151 Patton Avenue, Room 208
Asheville, NC 28801
Re Project: Dodge's Convenience Store
This document confirms that Perfection Oil Company (Applicant) for the Dodge's Convenience Store
(Project) has expressed an interest to utilize 0.239 Riparian Wetland Mitigation Credits from the
Environmental Banc & Exchange sponsored RES French Broad 05 Stream Umbrella Mitigation Bank,
specifically 0.155 credits from the Puncheon Fork Site and 0.084 credits from the Shiitake Ridge site in
the French Broad HUC 06010105. As the official Bank Sponsor, Environmental Banc & Exchange, LLC,
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.
If any questions need to be answered, please contact me at 919-209-1055 or [e-mail].
Best Regards,
Amy Staley
Credit Sales Manager
Resource Environmental Solutions, LLC
3600 Glenwood Avenue, Suite 100
Raleigh, NC 27612