20090136 Ver 10_04b_SOA Stream - Milburnie Dam - Dunn Creek Greenway - Phase III_20230825

Statement of Mitigation Credit Availability
Milburnie Dam Mitigation Bank
August 24, 2023
To: Dicky Harmon
Army Corps of Engineers
Wilmington District
Re: Availability of Compensatory Stream Mitigation Credits
Project: Dunn Creek Greenway - Phase III
This document confirms that 115.04 Stream Credits (Credits) from the Milburnie Dam Mitigation
Bank (Bank) are currently available and all or a portion may be used, once transferred, for
compensatory mitigation relative to the Dunn Creek Greenway - Phase III project, and as proposed
by The Town of Wake Forest (Applicant).
The Applicant may ultimately purchase the Credits, if they are available, following Permit issuance.
Should the Applicant purchase the Credits at that time, we will complete and execute the Mitigation
Credit Transfer Certificate (Certificate) within five (5) days of receipt of the full purchase price.
We will additionally provide copies of the completed and executed Certificate to the Applicant, the
U.S. Army Corp of Engineers (USACE) and, if needed, other regulatory agencies. In addition, we will
provide USACE with an updated copy of the Bank's Ledger, reflecting the transaction. Transaction
information in the updated Bank Ledger will include relevant Permit and Applicant information as
well as the number and resource type of the debited Credits.
Should your office have any questions, please contact me at 843.261.3049.
Sincerely,
Caitlan B. Parker
Restoration Systems, LLC
1101 Haynes St., Suite 211 • Raleigh, NC 27604 • www.restorationsystems.com • Ph 919.755.9490 • Fx 919.755.9492