20231194 Ver 1_More Info Received_20240524 (6)

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Environmental Banc & Exchange, LLC - Wetland and Stream Banks
Statement of Availability May 2, 2024
U.S. Army Corps of Engineers
Lyle Phillips
Raleigh Regulatory Field Office
3331 Heritage Trade Center, Suite 105
Wake Forest, NC 27587
Re Project: RDU SL-23R Runway Replacement
This document confirms that Raleigh -Durham Airport Authority (Applicant) for the RDU SL-23R Runway
Replacement (Project) has expressed an interest to utilize 1,600.00 Stream Mitigation Credits from the
Environmental Banc & Exchange, LLC sponsored RES Neuse 01 Wetland & Stream Umbrella Mitigation Bank,
specifically 7,600.00 stream credits from the Pantera Site, in the Neuse HUC 03020201. As the official Bank Sponsor,
Environmental Banc & Exchange, 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