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HomeMy WebLinkAbout20080511 Ver 3_Credit Release FINAL_10-2019_20191015ROY COOPER Governor MICHAEL S. REGAN Secretary LINDA CULPEPPER Director Mr. Bobby Ham Greene Environmental Services, LLC 90 Ham Produce Road Snow Hill, NC 28580 NORTH CAROLINA Environmental Quality October 15, 2019 DWQ Project #: 2008-0511v3 Lenoir County Re: Neuse River Riparian Buffer and Nutrient Offset Umbrella Mitigation Banking Instrument (UMBI) La Grange Phase II Bank Credit Release — Task 8 FINAL RELEASE Dear Mr. Ham: On September 17, 2019, the Division of Water Resources (DWR) received a Year 5 Monitoring Report from Greene Environmental Services, LLC (GES) for the LaGrange Phase II Mitigation Bank (Site). On October 9, 2019, Katie Merritt with the DWR, visited the Site to compare vegetation data submitted in the report with onsite conditions and to evaluate the Site for closeout of the monitoring requirements. As a result of the site visit evaluation, Ms. Merritt supports closing out the Site for any further monitoring and maintenance of the riparian vegetation and conservation easement. DWR highly recommends installing additional signs and easement placards to mark the conservation easement's outer boundary, which is immediately adjacent to an active farm field. On May 9, 2019, DWR received a copy of the assignment of the conservation easement to the North Carolina Wildlife Habitat Foundation (NCWHF). By copy of this letter, the monitoring requirements at the subject Site have been met and DWR is releasing GES from its financial assurance obligations under Letter of Credit (LOC) #SB94188 with First Citizens Bank. According to the UMBI signed on October 3, 2008, the following Project Milestones have been met, and the corresponding credits shall be released: Task/Milestones Credit 8) Submit Year 5 Monitoring Report to DWR for approval 10% By copy of this correspondence, DWR confirms that you have satisfied the above requirements for the above -referenced tract and 10% of your Neuse riparian buffer credits (0.1 x 22,620.63 ft' = 2,262.06 fe) are now available for sale. Also, 10% of your nitrogen nutrient offset credits (0.1 x 6,750.87 lb -N = 675.09 lb -N) are now available for sale. D_Fw Q�� North Carolina Department of Environmental Quality I Division of Water Resources 512 North Salisbury Street 1 1617 Mail Service Center I Raleigh, North Carolina 27699-1617 = -.0 /� 919.707.9000 LaGrange Phase II Site GES October 15, 2019 Please note that nutrient offset credits generated at this site must be used for impacts in HUC 03020202 of the Neuse River Basin and that Neuse riparian buffer credits must be used for impacts in the Neuse River Basin according to guidelines in 15A NCAC 02B.0295, which became effective on November 1, 2015. Please feel free to call Katie Merritt at (919) 707-3637 if you have any questions regarding this correspondence. Sincerely, Katie Merritt 401 & Buffer Permitting Branch MH/km Cc: File Copy (Katie Merritt) Jeff Becker & Stacey Ham - Greene Environmental Services, LLC (via electronic mail) Gregory Erwin — North Carolina Wildlife Habitat Foundation (Erwin Oil Co, Inc; gregory(&erwinoil.com; 919-210-3717) Page 2 of 2