R-2828 Bank letters_Grantham Branch_SAW-2017-00549 Year 1 Monitoring Credit Release_Grantham Branch Mitigation Bank

DEPARTMENT OF THE ARMY
WILMINGTON DISTRICT, CORPS OF ENGINEERS
69 DARLINGTON AVENUE
WILMINGTON, NORTH CAROLINA 28403-1343
March 8, 2019
REPLY TO
ATTENTION OF:
Regulatory Division/1200A
Action ID No. SAW-2017-00549
Re: Year 1 Monitoring Credit Release associated with the Falling Creek Umbrella Mitigation
Bank, Grantham Branch Mitigation Site
Mr. John Hutton
Wildlands Engineering, Inc.
312 West Millbrook Road, Suite 225
Raleigh, North Carolina 27604
Dear Mr. Hutton:
This correspondence is in reference to the Grantham Branch Mitigation Site, part of the Falling
Creek Umbrella Mitigation Bank. The 94-acre site is adjacent to Falling Creek in the Upper Neuse
Cataloging Unit (03020201) and located south of the intersection of Grantham School Road and
U.S. Highway 13 South, in Wayne County, North Carolina. The purpose of this letter is to confirm
the release of stream and wetland restoration and enhancement credits associated with the Year 1
Monitoring activities for this project.
Pursuant to the Umbrella Mitigation Banking Instrument (UMBI) entitled, Agreement to
Establish the Falling Creek Umbrella Mitigation Bank in Neuse River Basin Within the State of
North Carolina, approved February 28, 2017; the site -specific Grantham Branch Final Mitigation
Plan, dated December 2017; and the Monitoring Year 1 Report — Grantham Branch Mitigation
Site dated December 2018, 10 percent of the mitigation site's total stream and wetland restoration
and enhancement credits shall be available for sale provided the Year 1 Monitoring Report
demonstrates interim performance standards are being met.
By copy of this correspondence, we confirm that you have satisfied the above requirements for
the Year 1 Monitoring credit release. As such, 274.9 stream mitigation units (SMUs) and 0.39
wetland mitigation units (WMUs), constituting 10 percent of the mitigation bank site's total
stream and wetland credits are now available for sale. To date, 40 percent (1099.6 SMUs and 1.56
WMUs) of the total stream and wetland restoration and enhancement credits (2749 SMUs, 3.905
WMUs), and 100% of the total stream and wetland preservation credits (498 SMUs and 6.13
WMUs) have been released. Our records indicate that zero (0) SMUs and 1.62 WMUs associated

with this mitigation site have been debited as of March 8, 2019. Therefore, the current total
amount of credits available for sale is 1597.6 SMUs and 6.08 WMUs.
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.Dailey&usace.army.mil or telephone [phone], Extension 22
Sincerely,
G I B BY.J EA N . Digitally signed by
GIBBYJEAN.B.1229783633
DN: c=US, o=U.S. Government,
.1229783633 cn= IBB, J =PK3.122USA,
cn=G I BBY.J EAN.6.1229783633
Date: 2019.03.08 10:24:17-05'00'
Jean B. Gibby
Chief, Raleigh Regulatory Field Office
Regulatory Division
Electronic Copies Furnished:
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