20000783 Ver 5_More Info Received_20170215

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EBX-Neuse I, LLC and EBX-EM, LLC Stream and Wetland Banks
Statement of Availability February 15, 2017
U.S. Army Corps of Engineers
James Lastinger
Raleigh Regulatory Field Office
3331 Heritage Trade Center, Suite 105
Wake Forest, NC 27587
Re Project: Traditions - Phase 2B, 2C & 2D
This document confirms that WS-TWF Development, LLC (Applicant) for the Traditions - Phase 2B,
2C & 2D (Project) has expressed an interest to utilize 230 Stream Mitigation Credits from the EBX-
Neuse sponsored Neu -Con Wetland & Stream Umbrella Mitigation Bank and the EBX-EM sponsored
Forrest Creek Bank, specifically 90.5 credits from the Buffalo Branch Site and 139.5 credits from Forrest
Creek UT -2, all in the Neuse HUC 03020201. As the official Bank Sponsor, EBX-Neuse I, LLC and
EBX-EM, LLC, attest 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 919-209-1052.
Best Regards,
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Cara S. Conder
Resource Environmental Solutions, LLC
302 Jefferson Street, Suite 110
Raleigh, NC 27605