20090858 Ver 3_Ivey Ferguson Bank Parcel UBI_20130124

VIA
North Carolina Department of Environment and Natural Resources
Division of Water Quality
Pat McCrory Charles Wakild, P.E. John E. Skvada, III
Governor Director Secretary
January 24, 2013
Mr. Thomas Rinker
EBX -EM, LLC
10055 Red Run Blvd., Suite 130
Owings Mills, MD 21117
DWQ Project # 09 -0858 v3
Orange County
Re: Cape Fear Riparian Buffer and Nutrient Mitigation Umbrella Banking Instrument (UBI)
Ivey Ferguson Bank Parcel Credit Release
Dear Mr. Rinker:
On October 1, 2010, the Division of Water Quality (DWQ) received a Bank Parcel Development
Package (BPDP) for the Ivey Ferguson Bank Parcel in Orange County, North Carolina. On April 5,
2012, at the request of Katie Merritt with DWQ, EBX -EM, LLC submitted a revised BPDP depicting a
name change to the bank sponsor from Mid - Atlantic Mitigation to EBX -EM, LLC. On September 6,
2012, DWQ received documentation showing that the site work had been completed and monitoring
plots had been established on the subject site. As allowed in the UBI, EBX -EM, LLC elected to
construct the project without obtaining a Performance Bond. On January 18, 2013, DWQ received a
conservation easement.
According to the UBI, the following Project Milestones have been met, and the corresponding credits
shall be released:
Milestones Credit
Task 1) BPDP Approved by DWQ, Conservation Easement recorded & 20%
Construction Completed as delivered in Task 2
Task 2) Mitigation Site Earthwork, Planting and Installation of 20%
Monitoring Devices Completed
By copy of this correspondence, DWQ confirms that you have satisfied the above requirements for the
above - referenced tract. Therefore, 40% of your nitrogen offset credits (0.4 x 23,129.23 = 9,251.69 lb-
N) and 40% of your phosphorus credits (0.4 x 1,489.70 = 595.88 lb -P) are now available for sale.
Please update your credit ledgers accordingly and submit to Ms. Merritt within 30 calendar days from
the date of this letter.
Wetlands, Buffers, Stormwater Compliance & Permitting Unit
1650 Mail Service Center, Raleigh, North Carolina 27699 -1650
Location: Archdale Bldg., 91h Floor, 512 N. Salisbury St, Raleigh, NC 27604
Phone: [phone] FAX: [phone]
Internet http: // portal. ncd onrorgAvebtwgfswphvstwebscape
An Equal opportunity 1 Affirmative Action Employer
t e Ca rolina ura!!�

EBX -EM, LLC.
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January 24, 2013
A total of 40% of the available nitrogen credits (9,251.69 lb-N) and 40% of the available phosphorous
credits (595.88 lb -P) have been released for this site.
Please note that nutrient offset credits generated at this site must be used for impacts in the Upper
New Hope Arm of Jordan Lake within the Cape Fear River Basin, and the appropriate delivery
factors must be applied. Please see Attachment B, attached to this letter for a list of delivery
factors for each 14 -digit Hydrologic Unit Code (HUC).
As always, please copy DWQ on all correspondence related to credit sales.
Please feel free to contact Katie Merritt at (919) 807 -6371 if you have any questions regarding this
correspondence.
Sincerely,
S �
Karen Higgins, Supervisor
Wetlands, Buffers, Stormwater, Compliance and
Permitting Unit
KAH/kym
Attachments: Attachment B — Jordan Credit Yields Table 12 -2012
cc:
File Copy - Katie Merritt
Copy — Tommy Cousins (sent via electronic mail)

103030002060070
Jordan Water Supply Nutrient Strategy I Updated
Delivered Credit Yield Table for Jordan Sub Watersheds 12/20/2012
Jordan
Subwatershed
r
t
�3.
_ts 8 a
I3
Delivery Faci
TN
3' k
t
A f�
Fief _-nUsM%v
T'
TN credit
(Ibs /30yrs;
1597.05
1754.50
1777.00
1821.98
1979.44
2069.41
867.70
1496.79
1496.79
1496.79
1995.71
2039.10
1908.94
TP Credit
5 q..wt
!
£�
f
m LHI
"Watershed is located in both the Upper New Hope (UNH) and Lower New Hope (LNH) Subwatersheds
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