HomeMy WebLinkAbout20170739 Ver 2_Mitigation Letters_20180227
EBX Buffer Mitigation Banks
Statement of Availability February 16, 2018
NC Division of Water Resources
Stephanie Goss
512 N. Salisbury St.
Archdale Building, 9th floor
Raleigh, NC 27604
Re Project: Willow Spring High School Remote Intersection Improvements
This document confirms that Wake County Board of Education (Applicant) for the Willow Spring
High School Remote Intersection Improvements (Project) has expressed an interest to utilize 20,196
Square Feet of Riparian Buffer Mitigation Credits from one of the following banks, EBX-Neuse I,
LLC Neuse Riparian Buffer Umbrella Mitigation Bank or EBX Upper Neuse Riparian Buffer Umbrella
Mitigation Bank. Specific bank sites that may be debited are Arrington Bridge I, Arrington Bridge II,
Buffalo Branch, Selma Mill, Cedar Grove, Hatley, and Ezell, all located in HUC 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 cconder@res.us if you have any questions or need additional
information.
Best Regards,
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)
EBX Buffer Mitigation Banks
Statement of Availability February 16, 2018
NC Division of Water Resources
Stephanie Goss
512 N. Salisbury St.
Archdale Building, 9th floor
Raleigh, NC 27604
Re Project: Willow Spring High School Remote Intersection Improvements
This document confirms that Wake County Board of Education (Applicant) for the Willow Spring
High School Remote Intersection Improvements (Project) has expressed an interest to utilize 20,196
Square Feet of Riparian Buffer Mitigation Credits from one of the following banks, EBX-Neuse I,
LLC Neuse Riparian Buffer Umbrella Mitigation Bank or EBX Upper Neuse Riparian Buffer Umbrella
Mitigation Bank. Specific bank sites that may be debited are Arrington Bridge I, Arrington Bridge II,
Buffalo Branch, Selma Mill, Cedar Grove, Hatley, and Ezell, all located in HUC 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 cconder@res.us if you have any questions or need additional
information.
Best Regards,
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)