20160566 Ver 2_Major Variance_20161114

From:
8urdette,Jennifer a
Sent:
Monday, November l4,ZUl63:44PM
To:
'KristiThayer'
Subject:
RE: buffer credits
Kristi,
| need to re -issue your approval letter with the new mitigation provider. | hope to have time to do that
tomorrow. Once | email you the revised letter, you will need to send it to E8Xfor them to generate an invoice
for payment.
Jennifer
JenniferBunJette
401/BufferCnnrdinotor
Division nfWater Resources -4U1 & Buffer Permitting Branch
Department nfEnvironmental Quality
Q1Q8U76364office
1617Mail Service Center
Raleigh, NC276QQ-1617
(Physical Address: 512N. Salisbury St, Raleigh, NC278O4-QmFlrArchdale Bldg — Room Q42F)
Email oorrespoclenmeto and f�omthlo; address o;out-Yect to t1he
NodhCano8na Public Records Lam/and may bedisclosed &oM7irdpadies,
From: KhsdThayer [maiko:[e-mail]]
Sent: Monday, November 14,20I63:00PM
To: 8urdette'Jennifer a`Jennifer.8urdette@ncdenr.8ov>
Subject: FW: buffer credits
Jennifer,
Please find the statement attached. Can you advise?
KhsbThayer
3200G|en Roya| Rd' Ste 104
Raleigh, N[ 27617
www.thavercustomhomes.com
(0) 919-636-4798
1

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From: Cara Conder <[e-mail]>
Date: Monday, November 14, 2016 at 3:57 PM
To: Kristi Leonard <[e-mail]>
Cc: Anna Reusche <[e-mail]>
Subject: buffer credits
Hi Kristi,
Please find attached a statement of availability for the buffer credits. Once you receive the authorization from DWR
please email me a copy and we can get the purchase process started. The cost per buffer credit is $1.08 and this quote is
valid for 90 days. If you need anything else or have any questions please let me know. We appreciate the opportunity to
assist with this project.
Thanks,
Ca ra
Cara Conder I Project Manager Resource Environmental Solutions, LLC
302 Jefferson Street, Suite 110 Raleigh, NC 27605
Direct: 919.209.1052 1 Cell: 843. 6.2312

EBX Buffer Mitigation Banks
Statement of Availability November 14, 2016
NC Division of Water Resources
Ms. Jennifer Burdette
512 N. Salisbury St.
Archdale Building, 9th floor
Raleigh, NC 27604
Re Project: 611 N Elizabeth Street, Durham, NC
This document confirms that Capital City Property Solutions, Inc. (Applicant) for the 611 N Elizabeth
Street (Project) has expressed an interest to utilize 3,077 Square Feet of Riparian Buffer Mitigation
Credits from the EBX sponsored Upper Neuse Riparian Buffer Umbrella Mitigation Bank. The specific
bank site to be debited will be either be Cedar Grove, Hatley, or Ezell, all located in HUC 03020201 and
in the Falls Lake watershed. As the official Bank Sponsor, EBX, 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.
Please contact me at 919-209-1052 or cconder(a�res.us if you have any questions or need additional
information.
Best Regards,
Ca�
Cara S. Conder
Resource Environmental Solutions, LLC
302 Jefferson Street, Suite 110
Raleigh, NC 27605
Bank Sponsor — Environmental Banc & Exchange (EBX)