20230756 Ver 1_More Info Received_20230801

EBX Buffer Mitigation Banks Statement of Availability July 31, 2023 NC Division of Water Resources Zachary Thomas 512 N. Salisbury St. Archdale Building, 9th floor Raleigh, NC 27604 Re Project: The Livano Cary This document confirms that Piney Plains Residences, LLC (Applicant) for the The Livano Cary (Project) has expressed an
interest to utilize 37,512.242 Square Feet of Riparian Buffer Mitigation Credits from one of the following banks, EBX-
Neuse I, LLC Neuse Riparian Buffer Umbrella Mitigation Bank, RES Neuse Buffer and Nutrient Offset Umbrella Mitigation
Bank, RES Poplar Creek Buffer & Nutrient Offset Umbrella Mitigation Bank, EBX Upper Neuse Riparian Buffer Umbrella
Mitigation Bank, RES 2021 Neuse Umbrella Mitigation Bank, or RES 2022 Phase II Umbrella Mitigation Bank. Specific bank
sites that may be debited are Buffalo Branch, Selma Mill, Cedar Grove, Hatley, Bucher, Hannah Bridge, Stone Creek,
Meadow Spring, Uzzle, Poplar Creek, Polecat, Wolf King, Thunder Swamp, and Caraway Bluff, all located in HUC 03020201.
As the official Bank Sponsor, EBX-Neuse I, LLC and 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.
Please contact me at 919-209-1055 or [e-mail] if you have any questions.
Thank you!
Amy Staley Credit Sales Manager Bank Sponsor – EBX-Neuse I, LLC and Environmental Banc & Exchange (EBX)