2016-01258 Dairyland Year 5 Monitoring Credit Release

September 20, 2023

Regulatory Division

Action ID No. SAW-2016-01258

Re: Year 5 Monitoring Report Review and Credit Release associated with the RES Cape
Fear 02 Umbrella Mitigation Bank – Dairyland Stream Mitigation Site

Mr. Ryan Medric
EBX, LLC
3600 Glenwood Avenue, Suite 100
Raleigh, North Carolina 27612

Dear Mr. Medric:

This correspondence is in reference to the RES Cape Fear 02 Umbrella Mitigation
Bank, Dairyland Stream Site located in Alamance County, North Carolina. The site
includes unnamed tributaries that flow to the Haw River in the Cape Fear River Basin,
Cataloging Unit (03030002). The purpose of this letter is to transmit comments provided
by the NC Interagency Review Team (NCIRT) during the review of the monitoring report
and to confirm the Year 5 monitoring credit release for this mitigation site.

Pursuant to the site’s Umbrella Mitigation Banking Instrument and the site-specific
Mitigation Plan, the following mitigation credits shall be available for sale provided the
annual monitoring report demonstrates interim performance standards are being met:

• 10% of the total enhancement and/or restoration Stream Mitigation Units (SMUs)
associated with year 5 annual monitoring (350.200 Warm Water SMUs)

Based on a review of the monitoring data provided for the stream restoration on the
site, we confirm that you have satisfied the above requirements, and 350.200 Warm
Water SMUs are now available for sale. Total credits released to date are 2,781.500
SMUs.

Please review the comments provided by the NCIRT during their review of the
monitoring report, incorporated in the email transmitted with this letter. While it is not
necessary to provide a response to specific comments at this time, please be sure to
address the issues raised in future monitoring report submittals.
DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
WILMINGTON, NORTH CAROLINA 28403-1343

Thank you for your interest in restoring and protecting waters of the United States. If
you have questions regarding this letter, please contact Kim Isenhour at
[e-mail] or telephone [phone].

Sincerely,

Todd Tugwell
Mitigation Branch Chief
Regulatory Division

Electronic Copies Furnished:
NCIRT Distribution List