R-2828 Bank letters_Cedar Grove_Cedar Grove MY5 Credit Release 121919

\I DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
- WILMINGTON, NORTH CAROLINA 28403-1343
REPLY TO
ATTENTION OF:
December 18, 2019
Regulatory Division/1200A
Action ID No: SAW-2012-00294
Re: Year 5 Monitoring Credit Release associated with Neu -Con Umbrella Mitigation
Bank, Cedar Grove Mitigation Site
Resource Environmental Solutions, LLC
302 Jefferson Street, Suite 110
Raleigh, North Carolina 27605
Dear Mr. Breslow:
This correspondence is in reference to the Neu -Con Umbrella Mitigation Bank, Cedar
Grove Mitigation Site, located northwest of the intersection of Dade Store Road and Rick
Road, north of Hillsborough, in Orange County, North Carolina. The mitigation site is
adjacent to the East Fork of the Eno River within the Neuse River Basin, Hydrologic Unit
Code (HUC) 03020201. The purpose of this letter is to confirm the Year 5 Monitoring
credit release for this site.
Pursuant to the Umbrella Mitigation Banking Instrument entitled, Neu -Con Umbrella
Wetland Mitigation and Stream Restoration Bank, approved April 2, 2001, and amended
April 10, 2009, and February 2, 2017; the site -specific Cedar Grove Mitigation Site Final
Mitigation Plan dated December 2013, and the Cedar Grove Year 5 Monitoring Report
dated October 2019, 10 percent of the mitigation site's total restoration and enhancement
credits shall be available for sale provided the Year 5 Monitoring Report demonstrates
interim performance standards are being met.
Based on information provided in the Year 5 Monitoring Report, along with an on -site
field verification conducted by members of the IRT on December 12, 2019, the upper 2
ponds of UT2-A should be measured based on valley length, rather than a single -thread
stream channel. As such, the revised total stream mitigation units (SMUs) for the site will
be 6791.1 SMUs (a 70.9 SMU reduction). This total will be revised and depicted in
RIBITs as well.

By copy of this correspondence, we confirm that you have satisfied the above
requirements for the Year 5 Monitoring credit release, and 662.57 stream mitigation units
(SMUs) are now available for sale. To date, 5465.97 SMUs (-80 percent of the total
stream restoration and enhancement credits) have been released for sale.
Please be aware that the Long Term Maintenance and Monitoring Performance Bond
will expire on January 26, 2020. Failure to submit financial assurance prior to the
expiration date may lead to a suspension in credit sales.
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.DaileyCa�usace.army.mil or telephone (919) 554-
4884, Extension 22.
Sincerely,
GIBBY.JEAN, Digitallysignedby
GIBBY.JEAN.B.12297
13.12297836 83633
Date: 2019.12.18
33 15:31:03-05'00'
Jean B. Gibby
Chief, Raleigh Field Office
Electronic Copies Furnished:
NCIRT Distribution List