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HomeMy WebLinkAbout20240530 Ver 1_07a_Statement of Availability - City of Durham Bandit Farms 032524_20240407RESTORECOLOGY Statement of Availability March 25, 2024 City of Durham 1600 Mist Lake Dr Durham, NC 27704 ATTN: Donald F. Greeley, PE, PLS RE: Availability of Riparian Buffer Credits for the City of Durham Project (The Project) Bank MBI Name: Bandit Farms Buffer Mitigation and Nutrient Offset Bank Instrument Bank Site: Bandit Farms Bank Sponsor: RestorEcology Jordan, LLC Bank Site DWR Project #: 2016-0393v4 Riparian Buffer Credits Needed: 13,197.00 Riparian Buffer Credits Available: 13,197.00 Bank's Credit Service Area: Jordan Lake Upper New Hope Subwatershed Dear Mr. Greeley: RestorEcology Jordan, LLC has the above -mentioned Riparian Buffer Credits from Bandit Farms to satisfy the anticipated buffer mitigation requirements related to the above -mentioned project. The project is located within the service area (Upper New Hope Subwatershed of Jordan Lake) that this Bank is allowed to provide riparian buffer credits for buffer mitigation requirements. Per the Reservation and Sales Agreement between the City of Durham and RestorEcology Jordan, LLC these credits have been reserved for the Project for up to five (5) years from March 19, 2024. 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 150 NX RENN DR, #5842, CARY, NC 27512 T (919) 817-7378 U WWW.RESTORECOLOGY.COM Bank and upon receipt of your payment to RestorEcology Jordan, LLC. 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 with any questions at sales(cDrestorecology.com or 919-817-7378. Sincerely, hami, � /�� Daniel Ramsay, PWS Owner