20230343 Ver 1_Mitigation Information_20230313

NORTHEAST CAPE FEAR UMBRELLA MITIGATION BANK
Agent: Davey Resource Group, Inc.
3805 Wrightsville Avenue, Suite 15
Wilmington, NC 28403
Credit Reservation Letter
February 3, 2023
Terrain Environmental Consulting PLLC
Attn. Paul Masten
Transmitted via email:
[e-mail]
Project: Gladiolus Road Site (New Hanover County, NC)
Dear Paul:
Per your recent credit request, the Northeast Cape Fear Umbrella Mitigation Bank (Bank) is providing
preliminary acceptance to supply mitigation credits for proposed impacts to non -riparian wetlands associated
with the Gladiolus Road Site located in New Hanover County, NC (conditional upon receipt of payment as
outlined below). Please refer to the table below depicting the type and quantity of credits requested and
reserved for your project.
Mitigation Tvpe , Credit Source , Credits Reserved I Fee Per Unit I Fee
Stream I N/A 1 0 1 $646.12 1 $0.00
Non- Riparian Wetland I Holly Shelter Bay I 0.9 I $70,939.17 I $63,845.25
Riparian Wetland N/A 0.0 $70,939.17 $0.00
Total $63,845.25
Based upon receipt of the credit request, the Bank will reserve 0.9 non -riparian wetland credits for a period
of up to 90 days from the date of this letter. Note that requests to reserve credits beyond 90 days will require
a deposit. Please contact us if you need a reservation to extend beyond the 90-day period.
Upon request for credit transfer, the Bank will issue an invoice in the amount of $63,845.25. Upon receipt
of payment, the Bank will provide an executed Transfer of Credit Certificate for the total amount of credits
invoiced and paid for. If you have any questions or need additional information, please contact me by
phone at [phone] or by email at [e-mail]
Sincerely,
Northeast Cape Fear Umbrella Mitigation Bank
(1), (' - F; X,-f �_�
Christian Preziosi
Davey Resource Group, Inc (agent)
Northeast Cape Fear Umbrella Mitigation Bank
c/o Davey Resource Group, Inc.
3805 Wrightsville Avenue, Suite 15
Wilmington NC 28403
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