HomeMy WebLinkAbout20180181 Ver 1_SAW-2017-02527 Initial Credit Release Letter_20200420Strickland, Bev
From: Dailey, Samantha J CIV USARMY CESAW (USA) <Samantha.J.Dailey@usace.army.mil>
Sent: Monday, April 20, 2020 7:21 AM
To: Adam McIntyre; Cara Conder
Cc: Tugwell, Todd J CIV USARMY CESAW (US); Kim Browning; Haupt, Mac; Davis, Erin B;
Wilson, Travis W.; Bowers, Todd; Merritt, Katie
Subject: [External] SAW-2017-02527 / Water & Land Solutions, LLC / WLS Neuse 02 UMBI /
Scarborough Mitigation Project / Initial Credit Release Letter
Attachments: SAW-2017-02527 Scarborough Initial Credit Release.pdf
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Good morning,
Attached is the initial credit release letter for the:
SAW-2017-02527 / Water & Land Solutions, LLC / WLS Neuse 02 UMBI / Scarborough Mitigation Project / Initial Credit
Release Letter
Please let me know if you have any questions.
Best Regards and Stay Well,
Sam
Samantha Dailey
Regulatory Project Manager
U.S. Army Corps of Engineers
Regulatory Division
3331 Heritage Trade Drive, Suite 105
Wake Forest, NC 27587
(919) 554-4884, Ext. 22
Samantha.i.dailey@usace.army.mil
1
DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
WILMINGTON, NORTH CAROLINA 28403-1343
REPLY TO
ATTENTION OF:
April 17, 2020
Regulatory Division
Action ID No. SAW-2017-02527
Re: Initial Credit Release associated with WLS Neuse 02 Mitigation Banking Instrument,
Scarborough Mitigation Project
Mr. Adam V. McIntyre
Water & Land Solutions, LLC
7721 Six Forks Road, Suite 130
Raleigh, North Carolina 27615
Dear Mr. McIntyre:
This correspondence is in reference to the WLS Neuse 02 Umbrella Mitigation Bank,
Scarborough Mitigation Project, located near the intersection of Arrington Bridge Road
and Casey Mill Road, in Goldsboro, Wayne County, North Carolina. The mitigation site is
adjacent to and within the Neuse River Basin, Hydrologic Unit Code (HUC) 03020202.
The purpose of this letter is to confirm the initial release of credits for this site.
Pursuant to the Umbrella Mitigation Banking Instrument entitled, Agreement to
Establish the WLS Neuse 02 Umbrella Mitigation Banking Instrument Within The State of
North Carolina, approved on February 18, 2020; and the site -specific Final Mitigation
Plan, Scarborough Mitigation Project dated November 2019, 15 percent of the mitigation
site's total restoration and enhancement credits shall be available for sale immediately
upon completion of all of the following:
a. Execution of the MBI by the Sponsor, the Corps, and other agencies eligible for
membership in the IRT who chose to execute the agreement (February 18,
2020);
b. Approval of the final mitigation plan (February 18, 2020);
c. Delivery of the executed financial assurance documents as described in
Section IX of the UMBI and Section 12, Page 58, of the Final Mitigation Plan
Scarborough Mitigation Project, dated November 2019; and
d. Recordation of the Corps -approved site protection mechanism described in
Section X of the UMBI, and Appendix D of the Final Mitigation Plan
Scarborough Mitigation Project, dated November 2019, including a title opinion
covering the property.
By copy of this correspondence, we confirm that you have satisfied the above
requirements for the initial credit release, and 1,635.45 stream mitigation units (SMUs)
and 16.56 wetland mitigation units (WMUs) are now available for sale. This amount
includes 15 percent of the total restoration and enhancement credits for the site.
Thank you for your interest in restoring and protecting waters of the United States. If
you have questions regarding this letter, please contact Samantha Dailey, Raleigh
Regulatory Field Office at Samantha.J.Dailey(a�-usace.army.mil or telephone (919) 554-
4884, Extension 22.
Sincerely,
-"*", 07- �__
Todd Tugwell
Mitigation Project Manager
Regulatory Division
Electronic Copies Furnished:
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