HomeMy WebLinkAbout20230341 Ver 2_More Info Received_20240212BACHELORS DELIGHT MITIGATION BANK
CREDIT RESERVATION LETTER
February 7, 2024
TO: Beaver Creek Investors, Inc. FROM: Bachelors Delight Mitigation Bank
c/o Betty Bullock c/o Davey Resource Group
PO Box 1685 3805 Wrightsville Avenue, Suite 15
Jacksonville NC 28541 Wilmington, NC 28403
Project: 126 Gus Horne Road — Onslow County
Dear Betty:
Pursuant to a submitted credit request, Bachelors Delight Mitigation Bank (BDMB) is providing confirmation
of acceptance to supply riparian and non -riparian wetland credits for impacts associated with the 126 Gus
Horne project in Onslow County, North Carolina. 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.
IMitigation Type
Stream
[Non -Riparian Wetland
Riparian Wetland
Credits Reserved F Fee Per Unit
0 _7
0.04
0.36
$740.09
$101, 624.40
$101, 624.40
Fee
$0.00
$4,064.98
$36,584.78
Total Fee $40,649.76
Based upon receipt of the project credit request transmitted on February 6, 2024, BDMB will reserve 0.04
Non -Riparian and 0.36 Riparian Wetland 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, BDMB will issue an invoice in the amount of $40,649.76.
Upon receipt of payment, BDMB 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. BDMB 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
(910) 452-0001 or by email at Christian.preziosi@davey.com.
Sincerely,
Bachelors Delight Mitigation Bank
Christian Preziosi
Davey Resource Group (Agent)