20110608 Ver 2_statement of availability for mitigation_20160531

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EBX Buffer Mitigation Banks
Statement of Availability May 31, 2016
NC Division of Water Resources
Cherri Smith
512 N. Salisbury St.
Archdale Building, 9th floor
Raleigh, NC 27604
Re Project: Cleveland Connector Sewer Line
This document confirms that Johnston County Department of Public Utilities (Applicant) for the
Cleveland Connector Sewer Line (Project) has expressed an interest to utilize 10,068 Square Feet of
Riparian Buffer Mitigation Credits from one of the following banks, EBX Neuse Riparian Buffer
Umbrella Mitigation Bank, EBX Upper Neuse Riparian Buffer Umbrella Mitigation Bank, or the EBX-
EM Forrest Creek Bank. The specific bank site to be debited will be either be Arrington Bridge Il,
Buffalo Branch, Rudolph, Selma Mill, Cedar Grove, Ezell, Halley and/or Forrest Creek, all located in
HUC 03020201. 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 cconderAres.us if you have any questions or need additional
information.
Best Regards,
C4's— N lot/
Cara S. Conder
Resource Environmental Solutions, LLC
302 Jefferson Street, Suite 110
Raleigh, NC 27605