20090133 Ver 5_SOA Bethpage Phase 4_20170308

fires
EBX Buffer Mitigation Banks
Statement of Availability February 15, 2017
NC Division of Water Resources
512 N. Salisbury St.
Archdale Building, 9th floor
Raleigh, NC 27604
Re Project: Creekside at Bethpage Phase 4
This document confirms that RF Page Road Developer, LLC (Applicant) for the Creekside at
Bethpage Phase 4 (Project) has expressed an interest to utilize 143,624 Square Feet of Riparian Buffer
Mitigation Credits from both of the following banks, EBX-Neuse I, LLC Neuse Riparian Buffer
Umbrella Mitigation Bank and EBX Upper Neuse Riparian Buffer Umbrella Mitigation Bank. Specific
bank sites to be debited will be Arrington Bridge I, Arrington Bridge II, Buffalo Branch, Selma Mill, and
Ezell, all located in 14UC 03020201. As the official Bank Sponsor, EBX-Neuse I, LLC and 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 ccondergres.us if you have any questions or need additional
information.
Best Regards,
/I irk
Cara S. Conder
Resource Environmental Solutions, LLC
302 Jefferson Street, Suite 110
Raleigh, NC 27605
Bank Sponsor — EBX-Neuse I, LLC and Environmental Banc & Exchange (EBX)