Credit Release Task 8- LoflinII.docx

DocuSign Envelope In DB66AB61-980B-40BF-9DCF-931BFCOOCC6C
ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
RICHARD E. ROGERS, JR.
Director
NORTH CAROLINA
Environmental Quality
May 9, 2024
Shawn Wilkerson DWR Project # 2019-0183
Wildlands Holdings V, LLC Randolph County
(via electronic mail: swilkersonkwildlandseng com )
Re: Randleman Umbrella Mitigation Banking Instrument (UMBI)
Loflin Dairy Phase II Bank Parcel Credit Release — Tasks 8
Dear Mr. Wilkerson:
On December 18, 2023, the Division of Water Resources (DWR) received a Year 4 Monitoring
Report from Wildlands Holdings V, LLC (Wildlands) for the Loflin Dairy Phase II site. Overall,
vegetation data provided with the report show vegetation exceeding performance criterion in most of
the plots. A minor encroachment within the easement boundary was observed and confirmation of
remedial efforts completed was submitted to DWR.
DWR received a bond rider and a continuation certificate for the performance bond (#107182450) in
the amount of $20,000 issued to Wildlands from Travelers Casualty and Surety Company of
America, to cover monitoring and maintenance at the subject site. The term of this bond ends with
the approval of the Year 5 Monitoring Report by DWR.
In accordance with the MBI, signed on April 23,2019 the following Project Milestones have been
met and the corresponding credits shall be released:
Task/Milestones Credit
8) Monitoring Report #4: Approved by the DWR & financial assurance renewed 5%
By copy of this correspondence, DWR confirms that you have satisfied the above requirements for
the above -referenced site and therefore, 5% of your Randleman buffer Restoration, Enhancement
and Preservation credits (0.05 x 366,883 ft2 = 18,344.15 ft2) are now available to sell.
Please note that the riparian buffer credits must be used for impacts in the Randleman Lake
Watershed according to guidelines in the Consolidated Buffer Mitigation Rule, 15A NCAC
02B .0295, which became effective on November 1, 2015.
North Carolina Department of Environmental Quality I Division of Water Resources
512 North Salisbury Street 1 1611 Mail Service Center I Raleigh, North Carolina 27699-1611
NORTH CARCLINA
919.707.9000

DocuSign Envelope ID: DB66ABB1-980B-40BF-9DCF-931BFCOOCC6C
Loflin Dairy II Site
Wildlands
March 9, 2023
Upon receiving this correspondence update credit ledgers accordingly. Please feel free to contact
Katie Merritt at katie.merrittkdeq.nc.gov if you have any questions regarding this correspondence.
Sincerely,
DoculS'ig-n1e-d 'by:
755ABFOCD8OB428...
Stephanie Goss, Supervisor
401 & Buffer Permitting Branch
cc:File Copy (Blake Hartshorn)
Camden Brunick (Wildlands) — via electronic mail
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