20230124 Ver 1_Mitigation Information_20230414

LOWER CAPE FEAR UMBRELLA MITIGATION BANK
STATEMENT OF CREDIT AVAILIBILITY
April 14, 2023
TO: Fieldcrest LLC FROM: Lower Cape Fear Umbrella Mitigation Bank
PO BOX 1328 c/o Davey Resource Group Inc
Wrightsville Beach NC 28480 3805 Wrightsville Avenue, Suite 15
Wilmington, NC 28403
Project: Kyndall Cove SD (Brunswick County, NC)
Dear Fieldcrest LLC:
Pursuant to the recent credit request submitted on your behalf, the Lower Cape Fear Umbrella Mitigation
Bank (LCFUMB) is providing confirmation of acceptance to supply mitigation credits for proposed non -
riparian wetland impacts associated with the Kyndall Cove Subdivision project (Brunswick County, NC). This
acceptance is 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 Type Credits Reserved Fee Per Unit Fee
Stream F 0.0 $646.12 $0.00
Non -Riparian Wetland - 0.5 $70,939.17 $35,469.59
Riparian (Non- Riverine) 0.0
$70,939.17 $0,00
Wetland
Total Fee $35,469.59
Based upon receipt of your email transmitted on April 13, 2023, LCFUMB will reserve 0.5 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 receipt of credit transfer, LCFUMB will issue an invoice in the amount of $35,469.59.
Upon receipt of payment, LCFUMB will provide an executed Transfer of Credit Certificate. 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. LCFUMB 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
[phone] or by email at [e-mail]
Sincerely,
Davey Resource Group Inc. (agent for LCFUMB)
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Christian Preziosi
Principal Consultant