20090136 Ver 10_04c_Neu-Con Stream SOA - Bucher - Dunn Creek Greenway - Phase III_20230825

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EBX-Neuse I, LLC Stream and Wetland Banks
Statement of Availability August 23, 2023
U.S. Army Corps of Engineers
Dicky Harmon
Raleigh Regulatory Field Office
3331 Heritage Trade Center, Suite 105
Wake Forest, NC 27587
Re Project: Dunn Creek Greenway - Phase III
This document confirms that The Town of Wake Forest (Applicant) for the Dunn Creek Greenway - Phase III
(Project) has expressed an interest to utilize 194.96 Stream Mitigation Credits from the EBX-Neuse sponsored
Neu -Con Wetland & Stream Umbrella Mitigation Bank, specifically 194.96 stream credits from the Bucher 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
Resource Environmental Solutions, LLC
3600 Glenwood Avenue, Suite 100
Raleigh, NC 27612