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HomeMy WebLinkAbout20150207 Ver 1_Mitchell Mill Road Stream Mit Credit_20150812 EBX Stream and Wetland Banks Statement of Availability August 12, 2015 NC Division of Water ResourcesU.S. Army Corps of Engineers Ms. Katie Merritt Mr. David Shaeffer 512 N. Salisbury St. Raleigh Regulatory Field Office 9th floor 3331 Heritage Trade Center, Suite 105 Raleigh, NC 27604, Archdale Building Wake Forest, NC 27587 Re Project:Mitchell Mill Road Project City of RaleighMitchell Mill Road This document confirms that (Applicant) for the (Project) has 626 Stream Mitigation Credits expressed an interest to utilize from the EBX-Neuse sponsored Bank: Neu-Con Wetland & Stream Umbrella Mitigation Bank, specifically the Cedar Grove Site in the Neuse HUC 03020201. As the official Bank Sponsor, EBX, 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 919-209-1052. Best Regards, Cara S. Conder Resource Environmental Solutions, LLC 302 Jefferson Street, Suite 110 Raleigh, NC 27605