Neu-Con SOA - Blackbird - Rolesville Crossing.pdf

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EBX-Neuse I, LLC Stream and Wetland Banks
Statement of Availability April 17, 2024
U.S. Army Corps of Engineers
Dicky Harmon
Raleigh Regulatory Field Office
3331 Heritage Trade Center, Suite 105
Wake Forest, NC 27587
Re Project: Rolesville Crossing
This document confirms that Lennar Corporation — Raleigh Division (Applicant) for the Rolesville Crossing
(Project) has expressed an interest to utilize 0.81 Riparian Wetland Mitigation Credits from the EBX-Neuse
sponsored Neu -Con Wetland & Stream Umbrella Mitigation Bank, specifically 0.52 wetland credits from the Blackbird
Site, and 0.29 credits from the Meadow Spring site, in the Neuse HUC 03020201. As the official Bank Sponsor, EBX-
Neuse I, LLC, 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 919-209-1055 or [e-mail].
Best Regards,
Amy Staley
Credit Sales Manager
Resource Environmental Solutions, LLC
3600 Glenwood Avenue, Suite 100, Raleigh, NC 27612