20201286 Ver 2_Mitigation Information_20230830

LOWER CAPE FEAR UMBRELLA MITIGATION BANK
STATEMENT OF CREDIT AVAILIBILITY
August 29, 2023
TO: Mr. Jay Ratliff, Project Manager FROM: Lower Cape Fear Umbrella Mitigation Bank
Duke Energy Progress, LLC c/o Davey Resource Group, Inc.
Brunswick Steam Electric Plant 3805 Wrightsville Avenue, Suite 15
8470 River Road SE Wilmington, NC 28403
Southport, NC 28461
Project: Duke Energy Progress — Brunswick Steam Electric Plant (Intake Canal Stabilization)
Brunswick County, North Carolina
Dear Mr. Ratliff:
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 tidal wetland mitigation credits for proposed
wetland impacts associated with the Intake Canal Stabilization Project at the Brunswick Steam Electric Plant
(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
Stream
Non- Riparian Wetland
Riparian (Tidal Riverine) Wetland
Credits Reserved
0
0.0 1
1.48 F
Fee Per Unit
$740.09
$76,150.13
$95,187.66
Total Fee
Fee
$0.00
$0.00
$140,877.74
$140,877.74
Based upon receipt of the credit request transmitted on August 25, 2023, LCFUMB will reserve 1.48 wetland
(tidal riverine) 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 $140,877.74.
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)
Christian Preziosi
Principal Consultant