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HomeMy WebLinkAboutBuffer SOA - 224 Arbordale Court 1 Statement of Availability - Neuse 03020201 (Outside Falls) EBX-Neuse I, LLC and Environmental Banc and Exchange (EBX) Riparian Buffer Mitigation Banks January 11, 2024 Jeff Peirson 224 Arbordale Court Cary, NC 27518 RE: Availability of Riparian Buffer Credits for the 224 Arbordale Court Project Bank MBI/UMBI Name: 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, and RES 2022 Phase II Umbrella Mitigation Bank. Bank Site: See Table Below Bank Sponsor: EBX-Neuse I, LLC and Environmental Banc & Exchange, LLC Bank Site DWR Project #: See Table Below Riparian Buffer Credits Needed: 48.00 SF Riparian Buffer Credits Available: 48.00 SF Bank’s Credit Service Area: Neuse River Basin 03020201 (Outside Falls) To Whom It May Concern: EBX-Neuse I, LLC and Environmental Banc & Exchange, LLC has the above-mentioned Riparian Buffer Credits from one or more of the mitigation bank parcels listed below to satisfy the anticipated buffer mitigation requirements related to the above-mentioned project. The project is located within the service area HUC 03020201 where these Banks are allowed to provide riparian buffer credits for buffer mitigation requirements. BANK PARCEL BANK SPONSOR DWR PROJECT # Bucher EBX-Neuse I, LLC 2016-0977v2 Selma Mil EBX-Neuse I, LLC 2014-0705v2 Hannah Bridge EBX-Neuse I, LLC 2017-0537v2 Meadow Spring EBX-Neuse I, LLC 2016-0980v2 Polecat EBX-Neuse I, LLC 2016-0978v2 Stone Creek EBX-Neuse I, LLC 2016-0241v2 Poplar Creek EBX-Neuse I, LLC 2016-0979v2 Uzzle EBX-Neuse I, LLC 2016-0981v2 Shady Grove Environmental Banc & Exchange, LLC 2020-1091v2 Wolf King Environmental Banc & Exchange, LLC 2020-1149v2 Thunder Swamp II Environmental Banc & Exchange, LLC 2021-0306v2 Caraway Bluff II Environmental Banc & Exchange, LLC 2014-0820v6 This letter is simply a statement of availability of credits as of the date written. We have the inventory as shown above; however, this letter is not a guarantee of availability as credits will be sold on a first come, first served basis. An invoice for 2 this transaction will be sent upon your request, and we will formally reserve both the credits and per-credit pricing for a period of 30 days from the date of invoice. Credits and pricing may be reserved for an extended period by signing a reservation agreement and paying a 10% deposit. Final transfer of the credits will be made upon receipt of a copy of the 401 Water Quality Certification and/or Buffer Authorization Certificate from the NC Department of Environmental Quality-Division of Water Resources approving the Riparian Buffer mitigation purchase from the Bank and upon receipt of your payment. We will then issue a mitigation credit transfer certificate verifying your buffer credit purchase to the North Carolina Division of Water Resources and to you for your records. We appreciate the opportunity to assist you with your buffer mitigation requirements. Please contact me at 919-209-1055, astaley@res.us or nccreditsales@res.us if you have any questions or need further information. Sincerely Amy Staley Credit Sales Manager CC: Katie Merritt, Nutrient Offset & Buffer Banking Coordinator, NCDEQ Division of Water Resources Cherri Smith, Environmental Specialist, NCDEQ Division of Water Resources,