08_Neu-Con SOA - Arrington Bridge III - Leo at Wendell

fires
EBX-Neuse I, LLC Stream and Wetland Banks
Statement of Availability June 28, 2023
U.S. Army Corps of Engineers
Matt Martin
Raleigh Regulatory Field Office
3331 Heritage Trade Center, Suite 105
Wake Forest, NC 27587
Re Project: Leo at Wendell
This document confirms that Advenir Oakley Capital. LLC (Applicant) for the Leo at Wendell (Project) has
expressed an interest to utilize 0.304 Riparian Wetland Mitigation Credits from the EBX-Neuse sponsored Neu -
Con Wetland & Stream Umbrella Mitigation Bank, specifically 0.304 wetland credits from the Arrington Bridge 111 Site,
in the Neuse HUC 03020201. As the official Bank Sponsor, EBX-Neuse I, 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